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New Marsh Report Offers Construction Industry Feedback on Green Building Risks

It may have been lost a bit in the recent discussion over LEED 2009 decertification, but last month Marsh released a new report that solicited feedback from construction industry executives on the risks that they perceive as arising out of green design and construction across ten risk categories: brand and competitive edge or reputation, project consultants and subcontractors, education, finance, building performance, green building regulations, return on investment, standards of care and legal, supply chain and technology. To obtain the feedback, Marsh convened four forums in in Washington D.C., San Francisco, Chicago, and New York City in late 2008 and early 2009, which were attended by a total of 55 industry executives. While the executive summary to the report, which is titled “Green Building: Assessing the Risks, Feedback from the Construction Industry,” acknowledges that its findings “might be characterized as anecdotal,” I do think that the report is important to consider in the context of the types of risks that stakeholders identified as the most salient.

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