The Analysis of the Green Building Supporting Organisations in the Scandinavian Countries and Baltic States

Due to increase in growth of real estate development, green certification systems are essential to ensure the well-being of society and environment. Green Building Councils are the main drivers that influence many factors related to development of green buildings, which includes certification, education, conference and other aspects. The aim of the article is to analyse the tendencies of the development of green buildings in the Scandinavian and Baltic countries by analysing the Green Building Councils of the Baltic and Scandinavian Countries, and the number of certified green buildings in both regions. The literature review, comparative analysis, document analysis, and logical access methods have been used in the research. The countries are different from each other and their current and future priorities differ from each other as well. In the research process, it is important to lay some light on the several funds acquired by the regional Green Building Councils and their usage. The research results show that all the countries are working towards the development of green buildings but some countries perform better in the number of certified green buildings. The research results, including the number of green certified buildings, future plans of Green Building Councils, recommendations for future market analysis of green buildings, have already been approbated at the 59th International Scientific Conference of Riga Technical University “SCEE 2018” (Scientific Conference on Economics and Entrepreneurship) in Riga, Latvia.