The Diffusion of Certified Green Buildings in Europe

Gunther Maier, Katarzyna Reyman and Micha Guszak

ERES from European Real Estate Society (ERES)

Abstract: Real Estate is one of the key sectors when it comes to the development toward sustainability. National and international policy as well as the market request buildings to be sustainable. The complexity of buildings and their durability make it difficult, however, to determine their degree of sustainability as well as to demonstrate it to potential buyers. Green building certification schemas were developed as instruments to measure sustainability of buildings and as instruments for third party verification of building quality in this realm.In this paper we want to investigate the diffusion process of certified green buildings in Europe. We will look at the diffusion over space and over time for the most important international certification schemas. We will try to identify leaders and laggers in the process at the levels of countries, regions, and cities. Since this is exploratory work, we will try to derive hypotheses about the reasons for certain observable patterns. These should serve as the basis for future more detailed research.

Keywords: diffusion; Europe; Green Buildings (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2024-225

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