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Tuesday, July 14, 2009

What's Next For Green Building?

How will the recession affect the green-building market? Peter Morris, principal of the construction consultancy Davis Langdon, tackles the question

Innovation & Design

The economic recession we're in is having a big impact on the building industry; what do you predict its effect will be on the green-building sector in particular?

Peter Morris: I would say there are two main threads here. The first is the short-term impact: How is the immediate effect of the markets going to change investment strategies? The second is how the current shift will affect long-term planning strategies. In the short term, I think that green will be impacted in much the same way that all investments are, which is to say that I don't expect green buildings to be singled out for special treatment.

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