Finance & Supply Chains Theatre

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

Day 1 : 16:35 – 17:35

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.

Learnings 

  • How will the widespread adoption of the HKUST digital tool transform policy-making and implementation in building a Hong Kong powered by energy efficiency and decarbonization?
  • What are the key challenges and considerations in integrating this tool into the existing workflow and decision-making processes of various stakeholders, such as building owners, facility managers, and policymakers?
  • How can various financing mechanisms be utilized to support the widespread retrofitting of existing buildings in Hong Kong?

Post Event-Actions

  • Explore the possibility of adopting these digital tools within your organization to assist in the evaluation and curation of energy-saving measures for your buildings.
  • Advocate for the increased integration of such data-driven digital tools into policy frameworks and incentive schemes to accelerate the pace of building retrofits in Hong Kong.

 

Speakers

Christine Loh

Chief Development Strategist, Institute for the Environment

Christine Loh is Chief Development Strategist at Institute for the Environment at Hong Kong University of Science and Technology, and Scholar in Residence at Asia Society Hong Kong (2023-24). She serves on the boards of CDP Worldwide, Global Maritime Forum, New Forests Pty Limited, and Towngas Smart Energy. She is a published author of many academic and popular works; her latest book is on COVID-19 from a global governance perspective.

My Sustainability Goals for 2024:

To help bring sustainability come ‘alive’ in class and in community.