Beginning in 2016, the World Economic Forum has listed climate and sustainability among the top three “most likely and impactful global risks.” As cities and communities continue to grow, countries all over the world have begun looking into stronger and more sustainable methods of development.
In a recent report on emerging trends in infrastructure, professional auditing, tax and advisory firm KPMG noted that more companies understand the importance of utilizing sustainable methods. The report also predicts that 60 percent of new projects will have “green construction elements” by 2021.
Other trends listed in KPMG’s report include the redevelopment of existing buildings, the use of “low-impact” (i.e. natural) construction materials and growth in the prefabricated building market. It’s believed that modular construction is more environmentally efficient and sustainable than traditional construction since more raw materials can be used when building them and less material waste is produced.
View the full KPMG emerging trend report here.
