Source: HSBC Holdings plc

In response to evolving climate conditions, the real estate industry of China’s Greater Bay Area (GBA) must coordinate its resilience measures to protect the hundreds of millions of people and trillions of dollars of assets concentrated in the region while reconciling varied interests of real estate industry sector participants. This report draws on knowledge from leaders in investment, development, insurance, and government and local nongovernmental organisations in addition to prevailing research, reporting frameworks, and case studies to understand how climate risk is currently addressed in the GBA real estate transaction process.