The test on the mix of PVA fiber of low carbon inorganic composite as a cement substitute found it to be satisfactory in terms of flexibility and stiffness. The result of the evaluation of the properties of low carbon inorganic panel revealed that the absorptivity was low at 8 to 9%, which is lower than the KS value of 25%. Also, the test on non-combustibility and gas toxicity found that these factors satisfied the decision criteria. In the test on heavy metals discharges, Pb, Cd, Cr6+, Hg, and As were not detected. Regarding far-Infrared emissivity and formaldehyde emission, the substitute was found to be harmless to the human body. Therefore, if the issue of shrinkage, which is a disadvantage of inorganic composites, is addressed, it is judged that it is possible to develop a low carbon inorganic composite panel with better performance.