2020 Research Report
Decarbonising Hong Kong Buildings: Policy Recommendations and Next Steps
About the Study
A building-sector specific roadmap must be developed which outlines the steps that will be required to achieve net-zero by 2050. This must cover both operational and embodied carbon emissions from new and existing buildings. A detailed study, using a recognised framework such as Science Based Targets, will be required to establish the necessary timelines and mechanisms for ensuring progress, but this should be completed with urgency. This process will require cross-government collaboration, as well as advice from industry, in line with the Paris Agreement to net-zero by 2050.
Starting from top left to right: Mr. Evan Auyang, Civic Exchange Chairperson, Dr. Ma Jun, HKGFA Chairman and President, Mr. Lawrence Iu, HK2050 is Now Project Lead, Ms. Tracy Wong Harris, Deputy Secretary-General, Hong Kong Green Finance Association & Green Building Project Lead, Mr. Prashant Kapoor, Chief Industry Specialist, World Bank Group (IFC), Ir. CS Ho, General Manager, BEAM Society Ltd (BSL), Mr. Amit Tanna, Managing Director, Leveraged Finance, Regional Head, North East Asia, Standard Chartered Bank, Ms. Grace Kwok, Chairman and Executive Director, Allied Sustainability and Environmental Consultants Group Ltd (AEC), Ms. Flora Yu, CECEP Environmental Consulting Group Limited Sustainability Development Dept Manager, Ir. Dr. Vincent Cheng, Arup Director of Building Sustainability Group, Ms. Annie Chen, Civic Exchange Board Member.
This publication is a collaboration between Hong Kong 2050 Is Now and the Greater Bay Area Green Finance Alliance (GBA-GFA). We would like to express our gratitude to colleagues who provided timely and helpful advice, support and assistance during the preparation of this publication. Special thanks go to the following individuals and organisations for providing input and reviewing draft versions of this document:
- Lisa Genasci ADM Capital Foundation
- Grace Kwok Allied Environmental Consultants Limited
- Leo Chan BEAM Society Limited
- Caterina Choi BEAM Society Limited
- Ir CS Ho BEAM Society Limited
- Sandy Li CECEP Environmental Consulting Group Limited (CECEPEC)
- Flora Yu CECEP Environmental Consulting Group Limited (CECEPEC)
- J Robert Gibson Civic Exchange
- Lawrence Iu Civic Exchange
- Ir Dr Cary Chan Hong Kong Green Building Council Limited (HKGBC)
- Dr Ma Jun Hong Kong Green Finance Association (HKGFA)
