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Eric Stryson

Eric Stryson

Eric Stryson is managing director of the Global Institute For Tomorrow.

Faced with climate change, geopolitics and evolving consumption patterns, too many businesses are headed for extinction in the coming decade without reinvention.

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Corporate pledges of sustainability and net zero emissions might sound convincing, but the evidence shows they provide little substantive progress. The climate crisis is too far gone to entertain disingenuous slogans without robust and critical debate.

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With its deep and open capital markets, early lead in green finance and backing from China, Hong Kong is arguably the best-positioned among leading international finance centres to facilitate meeting the world’s need for new ways to pay for climate adaptation.

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True innovation is premised on solving problems and Hong Kong’s effective waste management is blinding it to the big commercial opportunities in plastic.

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Hong Kong’s unique pool of assets means its vision for innovation should not be bracketed by Western precedents. What the city needs to thrive is a vibrant local talent base, seamless cross-border collaboration and entrepreneurial culture that embraces risk-taking.

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Societies confronting the malaise of internet addiction should not leave it to the individual to overcome the problem. Policymakers should intervene by restricting screen time for students, limiting access to app stores and curbing adverts.

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The US has learned nothing from the Covid-19 successes of nations such as Vietnam and China, and is instead crippled by political polarisation and blinded by past glory – the same pitfalls threatening Hong Kong’s ability to negotiate an uncertain future.

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Hongkongers’ fight against a proposed law that would open the door to politically-motivated exploitation should be understood in the wider context of history. The first China-US diplomatic treaty signed 175 years ago offers lessons on extraterritorial law enforcement and the Chinese imperative for sovereignty.

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To combat the housing crisis, Hong Kong should be tackling policy issues such as overhauling the dependence on land sales for revenue, tackling unaffordability and setting up a housing bureau

A decade ago, all the talk was about the digital divide leaving behind millions of poor people. Today, that has been replaced by a modern drug of choice for the masses - digital crack.