DECARBONISING BUILDINGS IN THE GREATER BAY AREA - POLICY RECOMNENDATIONS AND

DECARBONISING BUILDINGS IN THE GREATER BAY AREA POLICY RECOMNENDATIONS AND THE ROLE OF SUSTAINABLE FINANCE DECARBONISING BUILDINGS IN THE GREATER BAY AREA: POLICY RECOMNENDATIONS AND THE ROLE OF SUSTAINABLE FINANCE 1 ACKNOWLEDGEMENTS This publication is a collaboration between Hong Kong 2050 is Now and the Greater Bay Area Green Finance Alliance (GBA-GFA). [...] ABOUT THE GREATER BAY AREA GREEN FINANCE ALLIANCE The Greater Bay Area Green Finance Alliance (GBA-GFA) is a collaboration between the Hong Kong Green Finance Association (HKGFA), the Green Finance Committee of the Guangdong Society for Finance and Banking (GDGFC), the Green Finance Committee of the Financial Society of the Shenzhen Special Economic Zone (SZGFC), and the Macau Association of Banks. [...] The Alliance aims to promote research and to incubate green investments that will benefit the GBA by leveraging the vast green investment demand in Guangdong and green finance capacities in Hong Kong and Macau. [...] Lastly, the study puts consumption of construction and operation forward corresponding policy suggestions to stages in the building sector accounted for 48% further help the building industry in the GBA of the country’s total. [...] The fact consultants and developers exploiting the that Shenzhen has performed the best out of system by building low-cost, low-quality the four case cities in terms of number and green buildings to maximize profits from quality of certified green buildings shows the the government subsidies they received.