The Retrofit Reinvention: Bridging the Gaps in Policy, Finance and Engineering

With the multitude of inefficient older buildings, the significance of retrofitting becomes paramount as Hong Kong strive to decarbonize. This panel discussion will delve into the use of new digital tools to help empower professionals in built environment, finance, and investment sectors to make informed decisions while considering the entire life cycle of a building. Developed by HKUST, the tools estimate the energy saving potentials of the city’s existing buildings that will also assist the authorities to craft policy. These tools facilitate the simulation and visualization of energy consumption in Hong Kong’s existing buildings through amassing data from diverse public and private sources. The tools extend to estimating and predicting potential increases in building energy consumption due to climate change. Furthermore, they play a pivotal role in conducting cost-effective analyses to recommend appropriate energy-saving measures tailored to the unique needs of Hong Kong.