Low Carbon Urban Infrastructure Investment in Asian Cities

(Chris Devlin) #1

© The Editor(s) (if applicable) and The Author(s) 2016 37
J. Jupesta, T. Wakiyama (eds.), Low Carbon Urban Infrastructure
Investment in Asian Cities, Cities and the Global Politics of the
Environment, DOI 10.1057/978-1-137-59676-5_3


CHAPTER 3

Abstract In the process of creating a resource-saving and environmentally
friendly society, promoting green buildings is emerging as a key objective
of sustainable development strategies in China. This chapter focuses on
policies with economic incentives for green buildings within a context
of low-carbon sustainability. In introducing domestic and international
green building coding systems and using data on 104 green building proj-
ects in China, we examine current green building economic incentives
and local economic policies for selected case studies conducted in Suzhou
and Shanghai. We find that total subsidies are sufficient for two-star green
buildings but are insufficient for three-star green buildings at both the
national and local levels. Barriers to the development of green building
are also discussed. We also address our main question regarding why green
building label designations are typically allocated at the design stage rather
than at the operation stage. Policy recommendations are made to promote
green building in China that invvolve improved integration of subsidy
schemes, energy performance contracts (EPCs), carbon trading mecha-
nisms, and carbon taxes based on our research results.


Analysis of Economic Incentive Policies


for Promoting Green Building Development


in China


Ping Jiang, Xiao Hu, Xing Sun, Shuo Gao, Yun Zhu,
and Jiajia Zheng
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