The World Bank's latest "Turn Down the Heat" report unfolds like a summer horror film. Bangkok is 40 per cent submerged. Philippine fishermen struggle to achieve half their normal catch, while Vietnamese rice farms are flooded with salt water. Coastal Asia's favourite tourist spots are ravaged by storms, its cities are seared by heat and its citizens compete for a shrinking food supply. The main culprit? Climate change.

Each year, the Climate Change Business Forum surveys Hong Kong companies to determine how they perceive the threats and opportunities presented by climate change, with a particular focus on the energy-climate nexus. The third annual Hong Kong Business Survey on Energy Efficiency and Climate Change reveals that both angst and action are on the rise.

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Climate change