With zero-carbon target set, time for Hong Kong to get serious about climate change

South China Morning Post: After a turbulent year, Chief Executive Carrie Lam Cheng Yuet-ngor rounded out her policy address with a goal of Hong Kong reaching carbon neutrality by 2050. The new carbon target is positive as it aligns with the landmark Paris Accord climate agreement’s global goals. Moving to carbon neutrality will have positive…

Reports Recommend Cross-Agency Body and Improved Rating Systems for the Building Sector to Achieve Net Zero Emissions By 2050   

PRESS RELEASE  Reports Recommend Cross–Agency Body and Improved Rating Systems for the Building Sector to Achieve Net Zero Emissions By 2050     Hong Kong, 8 December 2020 – Establishing a dedicated Cross-Agency Body and improving building rating systems is key to driving effective policy change in the building sector towards net zero carbon emissions by 2050, according to two reports released today.     The recommendations are included in two reports released under a collaboration between HK2050 is Now, led by Civic…

Green Building Rating Systems: Energy Benchmarking Study

About the Study Green Building Rating Systems (GBRSs) play a key role in assessing environmental impact and sustainability, and in facilitating decarbonisation in the building sector. Eight GBRSs were chosen for this comparative study: CGBL, BEAM Plus, BREEAM, Green Mark, Green Star, LEED, EDGE, and NABERS Energy. They are categorised into two main types: scoring-based…

Catching the Wave: Hong Kong as a Regional Green Finance Hub?

On Tuesday April 17th 2018, Civic Exchange hosted an event Catching the Wave in HKUST’s Business School in Central on how Hong Kong could spearhead regional green finance development. Visiting Fellow Paula di Perna joined industry practitioners and experts on discussing the importance of embedding environmental, social, and governance (ESG) considerations into mainstream investing and finance.

Connecting Finance and Natural Capital

“Connecting Finance and Natural Capital: Supplement to the Natural Capital Protocol” provides financial institutions with standardized guidance on how to incorporate environmental risks and opportunities into lending, investment and insurance decision-making. The guidance was developed through pre-competitive collaboration across the financial sector, and offers flexible guidance for integrating natural capital across assets and portfolios. Join…