IGBC targets 10 bn sq ft green building area by 2022

Indian Green Building Council (IGBC) today said over 2 billion sq ft area of green building projects has been registered so far and is targeting to have 10 billion sq ft by 2022.
IGBC is a part of CII-Godrej Green Business Centre, which is actively involved in promoting the green building movement in India.
"IGBC, part of CII, has recently crossed the milestone of 2 billion sq ft built-up area of green building projects registered with the Council. The larger plan and strategy of IGBC is to have 10 billion sq ft by the year 2022 when India will be 75 years post-independence," IGBC said in a statement.

The relationship between IGBC and US Green Building Council (USGBC) is further being strengthened to work on increasing the uptake of green buildings in India.
"The licence agreement that IGBC had signed with USGBC in 2004 comes to an end in June 2014 and a new agreement is being signed for the next 10 years to work in the areas of advocacy, knowledge exchange and market transformation," IGBC said.
The LEED India projects which are already registered with IGBC will be certified by IGBC till end of 2018.

Starting July 1, 2014, LEED projects in India will be registered and certified directly by GBCI, the certification institute appointed by USGBC.

IGBC will continue to certify projects under IGBC Homes, IGBC Townships, IGBC Factory buildings, IGBC SEZ and IGBC Landscaping.
"LEED India rating, which is for commercial buildings, forms about 25 per cent of total built-up area registered with IGBC for green building projects in India. Very soon rating systems for green schools and affordable housing segments will be launched.
"In light of the increasing volumes of green building projects that IGBC is handling, IGBC feels it will be better managed if the LEED rating is handled by USGBC. Hence IGBC has agreed with USGBC for them to directly handle the LEED certification," IGBC Chairman Prem C Jain said.

Jamshyd N Godrej, Chairman, CII-Godrej GBC, said energy and water efficiency across all sectors of the economy is of paramount importance to India and IGBC would give a major thrust in these areas.