Illustration by Lau Ka-kuen
After the razzmatazz of its kick-off, the long hard slog begins on Hong Kong’s carbon credits market
- Over 400,000 tonnes of credits changed hands in over 40 transactions by 20 participants in November on Core Climate
- That was a drop in the ocean compared with the potential: 64.6 million tonnes of emissions from Hong Kong’s 2021 energy use, according to an estimate by BP
Illustration by Lau Ka-kuen