Green buildings: Opportunities and risks

In recent years, the Middle East has emerged as a centre for monumental buildings. Dubai is currently building the world’s tallest—Burj Dubai— while Saudi Arabia, Kuwait, Bahrain and Qatar all are considering building rival towers over the course of the next decade.

Although attention-grabbing, these developments also cause enormous environmental impact. It is estimated that buildings worldwide use 42% of the world’s energy and are responsible for 40% of greenhouse gas emissions.

Despite the current economic downturn, regions around the world including the Middle East—continue to explore and embrace green building design to help address environmental concerns.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Diaz Jr. - Diaz Reus International Law Firm | Attorney Advertising

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