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Green development is a real estate development concept that considers social and environmental impacts of development. It is defined by three sub-categories: environmental responsiveness, resource efficiency, and community and cultural sensitivity.
The environmentally friendly trends are marketed with a different color association, using the color blue for clean air and clean water, as opposed to green in western cultures. Japanese- and Korean-built hybrid vehicles use the color blue instead of green all throughout the vehicle, and use the word "blue" indiscriminately.
The most criticized issue about constructing environmentally friendly buildings is the price. Photovoltaics , new appliances, and modern technologies tend to cost more money. Most green buildings cost a premium of <2%, but yield 10 times as much over the entire life of the building. [ 65 ]
Consequently, there would be potential to expand the market of sustainable concepts or products. According to a report published by USGBC, "The global green building market grew in 2013 to $260 billion, including an estimated 20 percent of all new U.S. commercial real estate construction." [citation needed]
A green home is a type of house designed to be environmentally sustainable. Green homes focus on the efficient use of " energy , water , and building materials ". [ 1 ] A green home may use sustainably sourced, environmentally friendly, and/or recycled building materials.
Although there is no single definition for what constitutes a Green Building, some elements recur in describing the concept.A Green Building can thus be defined as a high-performance building designed, built, operated and disposed of in a resource-efficient manner with the aim to minimize the overall (negative) impact on the built environment, human health and the natural environment.
Ecohouse near Faaker See, Austria. An Eco-house (or Eco-home) is an environmentally low-impact home designed and built using materials and technology that reduces its carbon footprint and lowers its energy needs.
Environmental justice issues are usually fought within communities to establish environmentally-friendly and accessible neighborhoods and living conditions, and to improve the local ecology. The Environmental Protection Agency has declared it essential that residents should play an active role in the reshaping of their neighborhoods. [ 5 ]