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The role of carbon finance in enhancing building performance in developing countries
Abstract
Buildings in developing countries (DCs) will play a significant role in global GHG emission
mitigation in the next decades (IPCC, 2007; IEA,2008). According to the UN World Urbanization
Prospects report (2005 revision), 60 percent (4.9 billion) of world population will live in cites by
2030, most of them in DCs. The unprecedented urbanization in these countries poses a huge
challenge for environment since most of buildings are built quickly and cheaply to accommodate
new immigrants and the energy performance is often considered second priority. Implementation
of energy efficiency in buildings confronts both technical and institutional barriers. Enabling
environmental sustainability buildings with economic benefits and welfare improvement is the
major concerns on the policy agenda in DCs. Therefore how to articulate sustainable urban
development and emissions reduction policies in DCs will be of considerable importance in the
post-Kyoto climate regime negotiation. Considerable investment will be required to allow the
uptake of climate-friendly technologies and capacity building, thus financial assistance and
technology transfer from developed countries to DCs is likely to play increasingly important role.
Citation
Li, J. (2009). The role of carbon finance in enhancing building performance in developing countries. Energy Systems Laboratory. Available electronically from https : / /hdl .handle .net /1969 .1 /148721.