2022 Research Report
Decarbonising Buildings in the Greater Bay Area: Policy Recommendations and the Role of Sustainable Finance
By Tracy Wong Harris, Karina Chow, Lawrence Iu, Daiyang Zhang, Xiaoqian Jiang, Qingpeng Wei, Wengang Wei, Hui Zhang
22 September 2022
This study is an extension of the reports “Green Building Rating Systems: Energy Benchmarking Study” and “Decarbonising Hong Kong Buildings: Policy Recommendations and Next Steps” that were published in December 2020. This study has worked to expand the scope of the research from Hong Kong to the GBA and examines building policies that offer green and sustainable finance (GSF) opportunities. Case studies for policy analysis and decarbonisation pathway forecasts have also been developed for four GBA cities – namely Shenzhen, Guangzhou, Zhuhai and Foshan. This study also analyses the challenges and opportunities in decarbonising the building sector in the GBA and how GSF can accelerate the process. Lastly, the study puts forward corresponding policy suggestions to further help the building industry in the GBA reach carbon neutrality.
Attended by over 3,300 delegates, involving 205 showcase exhibitors, Rethink HK 2022 has enabled HK2050isNow to be a partner of the Energy & Mobility Summit, as well as meeting liked-minded sustainability practitioners, who are eager to drive transformations. Civic Exchange is delighted to showcase our recent reports on day 1 (5 Oct 2022). Our research analyst Karina Chow has inspected the GBA policies in making robust recommendations on enhancing the green building sector.