The U.S. green building market
California, Texas, and New York were the U.S. states with the highest number of LEED project certifications in 2021. However, the District of Columbia is the territory with the highest density of green buildings once its relatively small population size is considered. In most states, the type of buildings with the biggest share of LEED project certifications were offices, followed by retail property and education buildings. In California alone, there were more LEED-certified offices than certifications in New York for all type of buildings combined. The demand for green buildings was also relatively strong. In 2021, consumer interest in sustainability as reported by U.S. realtors was high.
The German green building market
The volume of investments in green buildings in Germany has grown rapidly during the last decade, reaching over 12 billion euros in 2021. However, they still represent a minority of the investments in that industry. Similar to how LEED-certified buildings were distributed in the U.S., offices were also the most of the green building investment in Germany was destined to offices.