Green Finance Seminar | Dr. Norman Cheung

Dr. Norman Cheung (HKUST Senior Lecturer) gave an presentation on integrating risk and strategy in insurance at the seminar "Catching The Wave - Hong Kong as a Regional Green Finance Hub?".

For more upcoming events: http://envr.ust.hk/events-and-media/e...

Seminar overview:
Hong Kong’s unique role as a major city in China and legendary international financial center make it potentially an ideal hub for the growing field of green finance, especially as environmental concerns compound in Asia. And, in that Hong Kong’s own population is increasingly aware of the damaging effects of air pollution and climate change, Hong Kong would greatly benefit from an outlook that combines both environmental and economic concern. The question is: Can and will Hong Kong take full advantage of the new needs and opportunities at hand?

Mainland China, on the other hand, the world’s largest emitter of carbon dioxide and greenhouse gases, has taken great strides recently to launch a national Emissions Trading Scheme (ETS), and has embedded green finance in its strategies to meet climate change nationally and globally. The emergence of a national carbon market in China has revitalised interest in carbon markets worldwide. But where will Hong Kong fit in?

What are the trends and the outlook, and what are the pivot points? What is at stake and what plans are in process? How do the interests of investors, companies, and the public and policy makers meet?

To answer these and other questions. the Hong Kong University of Science and Technology (HKUST) Institute for the Environment (IENV), the HKUST School of Business, and Civic Exchange, Hong Kong’s independent public policy think tank with a long track record of environmental issues, present a special public event.