A framework for adopting green leasing in developing countries: the case of Sri Lanka

Abstract

Purpose - The purpose of this study is to identify the enablers and barriers to the adoption of green leasing in Sri Lanka and propose probable solutions. Design/Methodology/Approach – As an in-depth investigation was required, the case study method with a qualitative approach was selected as the research methodology. A documentary review and semi-structured interviews on three selected green buildings were conducted to study their leasing processes. QSR NVivo statistical analysis software was used for the content analysis. Findings – Enablers and barriers to the adoption of green leasing under different categories such as those related to processes, institutions and Government and also to legal, economic and social factors were determined along with probable solutions identified through a comprehensive framework that was developed. Practical Implications – The findings can be used as a basis to evaluate the current leasing processes that have adopted this emerging and important approach towards the sustainable operation and management of green buildings. Originality/Value – The little attention paid to this latest concept makes it important to evaluate the adoptability of green leasing in developing countries. Hence, the determination of key enablers, barriers and solutions was the focal point of this research.