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Green building planning drives the development of new building materials industry
Jun 23, 2018

With the start of the carbon emissions trading market in Shenzhen, Shanghai, and Beijing in 2013, the carbon trading in China started off. The use of market-based measures to combat pollution was gradually accelerating. This new situation has driven the follow-up development of relevant industries and markets. The real estate market is expected to achieve corporate transformation in the new year and promote the growth of the domestic green and low-carbon construction market.

The carbon emissions trading in Beijing officially opened on November 28, 2013. The first batch of more than 490 companies completed their accounting and third-party verification and can participate in transactions. It is worth noting that this carbon trading has attracted many powerful real estate companies. The opening of the carbon trading market, the use of market means to replace the administrative means to promote energy-saving emission reduction, will be able to effectively use the market leverage to mobilize the enthusiasm of enterprises, promote enterprises to take the initiative to enhance the energy and emission reduction in capital and technology investment, accelerate the green building, green real estate market arrival.

Research shows that currently, carbon emissions from the construction industry account for a considerable proportion of total carbon emissions in China. Therefore, the completion of carbon trading by real estate companies will play a good role in stimulating the entire industry to save energy and reduce emissions and protect the environment.

For real estate companies, the green strategy in the future will change from a preference to a mandatory option. Experts in the industry pointed out that the development direction of China’s urbanization in the future is smart, green, and low-carbon. During the “Twelfth Five-Year Plan” period, China’s new green buildings should reach 1 billion square meters. By the end of 2015, more than 20% of new buildings in urban areas should meet the standards for green buildings. According to the green building development plan, this is expected to shake the green market scale of more than one trillion yuan, which will effectively promote the development of new building materials, smart buildings and other industries.

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