Informational policy instruments for environmentally sustainable buildings

A comparative study on HK-BEAM and LEED

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Abstract

Policy makers in government can choose various options of policy instrument to improve energy efficiency. In order to make an appropriate choice, they need to take into consideration the characteristics of all policy instruments. As one of principal policy instruments, informational instrument plays an important role in promoting sustainable built development, and this is the major component of this paper. In this paper, comparative study of voluntary environmental labelling-Hong Kong Building Environmental Assessment Method (HK-BEAM) and Leadership in Energy & Environmental Design (LEED) in United Stated will be undertaken to analyze the characteristics of each instrument, their objectives and underlying working principles. Their major differences are highlighted and explained. The findings will provide valuable insights into implementations and effectiveness of each instrument.