Global ESG Real Estate Trends Forum

The Global ESG Real Estate Trends Forum at Feng Chia University

“The Global ESG Real Estate Trends Forum” debuted at Feng Chia University's on the 29th. Wang Chi-liang, chairman of the Greater Taichung Real Estate Development Association, pointed out that the green transformation of the construction industry is bound to aggravate the rise in operating costs, and the government should replace “punishment” with “encouragement” to guide the construction industry to realize the goal of carbon reduction; Lai Shu-ting, vice president of Feng Chia University, also said bluntly during the meeting that it was not an appropriate time for the government to fight against the housing market, and under the influence of green inflation, the construction industry will face unprecedented cost pressures. Under the influence of green inflation, the construction industry will face unprecedented cost pressure.

Wang Zhiliang said that the harm caused by climate change to human life can not be ignored, as a high-carbon emission industry, the construction industry is also beginning to face the challenge of carbon reduction, for example, a building through the sky, together with the carbon fee, carbon inventory, as well as the use of green building materials, etc., the cost of an increase of 2 million dollars compared with the past, “we are very willing to cooperate to achieve the goal of reducing carbon emissions, but the focus is on the absence of clear rules and regulations and incentives to guide the construction industry to join the net-zero ranks. The key point is whether there are clear regulations and incentives to guide the construction industry to join the net-zero bandwagon.

Wang Zhiliang emphasized that the policy of combating speculation in real estate has resulted in a doubling of construction costs, and the government should replace “punishment” with “encouragement” in carbon reduction actions. For example, if a building can meet the construction standards of carbon reduction, low energy consumption equipment, etc., the government should give more favorable loan conditions compared to the old and the more dangerous, or if a builder invests in green building materials, environmentally friendly design, energy-saving and carbon reduction methods and facilities, etc., it can be given a reduction in the carbon fee and awards.

Feng Chia University Vice President Lai Shu-Ting also agrees that “green inflation will sweep in, and it is inappropriate for the government to hit the housing point of time,” and points out that ISO14064 greenhouse gas inventory verification is the first time that the construction industry is facing the impact of carbon costs, and that in the future, the relevant carbon fees are bound to be shifted to the cost of building construction, and that the government should guide the development of green manufacturing through policy so that builders have the ability to cope with the impact of carbon costs and to find a mechanism for affordable housing. The government should guide the development of green manufacturing through policy, so that builders have the ability to cope with the impact of carbon costs and find affordable housing mechanisms.