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Green Jobs in India to be driven by Real Estate and Construction Sector

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Green Jobs in India is going to grow at a high double digit rate driven by the Real Estate and Construction Industry. The hiring will be done by Real Estate Companies in India looking for Energy Efficiency and Green Building professionals. Note the Green Industry globally has had a torrid 2011 with most of the major sectors like wind, solar, biofuels and lighting facing oversupply amidst slowing demand due to global macro problems. However the Green Industry has a great future driven by secular drivers like

a) Global Warming

b) Energy Security

c) Peak Oil

Real Estate in India is facing a Bubble and in general I have a bad opinion about the real estate developers and promoters. But this is one reason to be positive about the real estate industry in India . Note Green Buildings have become important not only from the planet point of view but also economically given the rising energy costs. Also LEED certified buildings command a higher valuation and rentals which drives the real estate protomers towards green buildings.

Why Green Buildings are Needed

Buildings account for a huge percentage of Energy Consumption and Carbon Emissions.They also use a massive amount of Resources and are responsible for a majority of the Solid Waste.Here are some fact about Green Building from the EPA.

39 percent of total energy use
12 percent of the total water consumption
68 percent of total electricity consumption
38 percent of the carbon dioxide emissions

What are the 7  Elements of Green Buildings

Green Buildings are made up of 7 Elements which need to incorporated during the Design and Construction of Green Buildings.

  1. Energy Efficiency and Renewable Energy
  2. Water Efficiency
  3. Environmentally Preferable Building Materials and Specifications
  4. Waste Reduction
  5. Toxics Reduction
  6. Indoor Air Quality
  7. Smart Growth and Sustainable Development

According to an estimate from Jones Lang LeSalle, a real estate consultancy, there will be a demand for around 1,000 energy and sustainability professionals. Primarily dominated by engineers and architects, this opportunity could also attract people from more diverse fields, as the market opens up. “With the introduction of the LEED Green Associate accreditations last year by the GB Certification Institute, more professionals from diverse backgrounds are keen to consider this career option,” he says. All one needs is an endorsement from a LEED-accredited professional and preparation to take an online exam facilitated by Prometric, an online testing solutions provider.

PG

Sneha Shah

I am Sneha, the Editor-in-chief for the Blog. We would be glad to receive suggestions, inputs & comments on GWI from you guys to keep it going! You can contact me for consultancy/trade inquires by writing an email to greensneha@yahoo.in

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