Four case studies look inside leading Chinese green buildings
- 01 August 2011
BEIJING: The Climate Group China has published a report which takes the most innovative ideas from the country’s leading green building projects, to suggest exactly how energy efficiency levels can be improved in the rest of China's buildings.
After decades of rapid economic development, China now has the world’s largest housing market, yet energy efficiency in China’s buildings still needs improving.
To find real suggestions to boost energy efficiency, the report uses four case studies: the Beijing Olympic Village invested in by Guoao Investment Ltd., Nanjing Tiptop International Apartment developed by Nanjing Tiptop Real Estate Company, Siemens Centre Shanghai and Siemens Centre Beijing both invested in by Siemens Real Estate Management Company.
Focusing on the macro-environment of the sustainable building market in China, and in the context of policy, technology, cost and market demand, suggestions in the report include:
Integration of Green Building Development with the Goal of Carbon Emission Reduction
- To promote the development of low carbon buildings, the Government should produce standard industry guidelines, construction code and an extensive assessment system and tools.
- Detailed carbon footprints targets and implementation guidelines should be set for the real estate industry. To be in line with the Government’s emissions reduction goals, targets should cover the entire life-cycle of all green energy building projects, from the planning and construction stages to project assessments.
- An independent third-party rating system based on the current economic environment should be established.
Introduction of Further Green Buildings Incentive Policies
- The Government should adopt market-friendly land policies to reduce the property development cost, particularly for low carbon buildings, which would engage more private enterprise businesses. The policies should focus on improvement of land resource allocation, adjustment of land-transferring fees and enterprise tax differentiation for green buildings.
- In terms of financing policy, emphasis should be on tax exemption, industry subsidy and lower loan credit for green buildings businesses.
- Governments should consider a wider coverage of the preferable policy package over the general residential property market. By imposing supportive policy stances on technology research and prize-awarding schemes on leading green building projects, green energy buildings are promoted throughout the property market.
The principle growth of a low carbon market lies in like-minded consumers. A well-established public supervision system will both protect consumers and allow a deeper market participation in the green energy property market.
- Preferable policies are advised for the demand side of green buildings. For example, promise lower tax rates on projects for residential, offices and renting agencies.
- The Government should award prizes to leading energy saving building projects and work with the media and NGOs to educate the market.
- A transparent property bidding process is an effective way to increase publicity.The general public could express their suggestions and preferences to developers for new projects or property reconstruction.
Learn more about the subjects of the chosen case studies:
Read the report on The Climate Group China website (in Chinese only).