Development And Countermeasures of Carbon Finance in The Construction Industry Under the Background of The Carbon Peaking and Carbon Neutrality

Yuxuan Wang

doi:10.54097/sw921g53

Authors

Yuxuan Wang

DOI:

https://doi.org/10.54097/sw921g53

Keywords:

Carbon finance; carbon emission; carbon market; building industry; ESG.

Abstract

Under the background of the carbon emission peaking and carbon neutrality and the trend of global emission reduction, how to deeply meet China’s “3060” carbon target is an important proposition for the development of various industries. As a typical high-carbon emitting traditional industry, China's construction industry has a particularly high demand for energy efficiency and carbon reduction. This paper comprehensively examines a number of papers to explore the issue of the impact of carbon finance on the development of decarbonisation in the construction industry from the current situation, distinguishing between the practical problems posed by each of the influencing factors. This paper delves into the challenges and countermeasures faced by the construction industry itself, the market, and the government in the development of carbon finance. It further explores the carbon finance development model throughout the entire lifecycle of the construction industry. In line with the inherent needs of low-carbon development in the construction industry while promoting the realisation of win-win long-term benefits in terms of both economic and environmental benefits.

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