Can longer leases help reduce pollution from buildings in Hong Kong?

//Can longer leases help reduce pollution from buildings in Hong Kong?

Can longer leases help reduce pollution from buildings in Hong Kong?

Property leases rarely feature in discussions about climate change, but according to property consultancy JLL, longer agreements between landlords and tenants can help Hong Kong fight global warming.Buildings account for about 90 per cent of electricity consumption in Hong Kong, while around two-thirds of the city’s greenhouse gas emissions come from electricity generation, according to Chief Executive Carrie Lam Cheng Yuet-ngor’s 2021 policy address.Property sector needs streamlined approach…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-11-13T03:30:16+00:00 November 13th, 2021|Business|Comments Off on Can longer leases help reduce pollution from buildings in Hong Kong?