Marked-based financing instruments promoting energy efficiency enhancement activities for the building sector

Since global warming is an important issue on the global agenda, energy efficiency improvement measures in the building sector need to be seriously considered. However, despite many countries have set up public financial incentive mechanisms promoting these measures, they are not able to reduce Greenhouse Gas (GHG) emissions at the lowest costs. This thesis closes this research gap. It aims at developing new instruments, which provide promotional financing to energy efficiency measures in the building sector most efficiently. In a first step, the thesis deals with the design of the two main instrument types, the Bottom-Up Approach and Top-Down Approach. These two instruments will be applied to China as a developing country as well as Germany as a developed country, followed by the discussion on their application to the building sectors of China and Germany. Finally, the author evaluates options of the practical introduction of the recommended instruments in China and Germany, embedding them into the ongoing political context.