Risk Assessment and Mitigation Strategies in Green Building Construction Projects: A Global Empirical Study

The construction industry significantly impacts environmental degradation, making sustainable practices like green building construction projects (GBCPs) essential. Although GBCPs offer substantial benefits, they also come with unique risks related to their sustainable nature and common construction challenges. Research on GBCP risks is often fragmented, lacks proper classification, and misses a global perspective, with insufficient focus on empirical assessment and risk mitigation strategies. This study addresses these gaps by systematically identifying risks associated with GBCPs, empirically assessing them using data from global experts, and proposing mitigation strategies. Utilising reliability tests, descriptive statistics, one-sample t-tests, hypothesis testing, and correlation analysis, 42 risk factors were determined and assigned to nine groups: legal and regulatory, technical, financial, material-related, design, schedule and planning, communication and awareness, performance and operational, and environmental. Green product certification and re-evaluation charges, client finance difficulties, the high cost of green materials and equipment, the absence of qualified project teams, and additional expenditures for green building design and construction are the top five concerns. The study also identifies 45 mitigation strategies, enhancing understanding of GBCP risks and guiding stakeholders in effective risk management and sustainable construction practices.