One of the main activities of a GBC is the development of a scheme for rating the environmental performance of buildings. The main ones are the American LEED (Leadership in Energy and Environmental Design), the Australian Green Star, the Japanese CASBEE, and the British BREEAM (Building Research Establishment Environmental Assessment Method). In Europe, the German DGNB (Deutsche Gütesiegel Nachhaltiges Bauen) is forming the basis of an EU standard, while the French have the Haute Qualité Environnementale. The British Building Research Establishment is leading a drive to develop a common international standard, something which would benefit a a small country like Montenegro which would find it difficult to establish a rating system of its own.
The bulk of the major investors in this small country of Montenegro are foreign, eg the UAE’s State Investment Fund (originally Peter Munk and associates) at Porto Montenegro in Tivat, Orascom on Lustica (building to LEED), the Azerbaijani State Oil Company (SOCAR) at Portonovi in Kumbor, Qatari Diar at Plavi Horiizont. We as the GBC ME have taken a policy decision that we will not prefer any one accreditation system over another as the investors will use the one they are accustomed to.
© James Collins, updated 2016