Green building (GB) policies have been implemented to promote GB and address climate change. Most of the existing literature have studied the costs and benefits of developing GB, without considerations of GB policies’ impacts. This paper aims to study the costs and benefits of implementing GB policy from the developers’ perspective.

The Living Building Challenge™ is an attempt to dramatically raise the bar from a paradigm of doing less harm to one in which we view our role as a steward and co-creator of a true Living Future. The Challenge defines the most advanced measure of sustainability in the built environment today and acts to rapidly diminish the gap between current limits and the end-game positive solutions we seek.