Monday, November 29, 2010

Brazil's Green Building Industry Grows Ahead of 2016 Olympics

The 2016 Olympics in Rio de Janeiro are expected to help boost the green building industry in Brazil.

Global concerns about the impact of arenas and stadiums led the International Olympic Committee to require arenas built for the 2016 games in Rio de Janeiro meet international standards for low carbon emissions and energy efficiency.

This has boosted local interest in developing real estate that with lower environmental impact than existing buildings, a trend that comes as the Brazilian government is carrying out a long-term infrastructure expansion program meant to make its economy more competitive.

Brazil Olympics spurring green construction
Reuters
November 3, 2010