HK Green Week: Hong Kong primed to lead region in green technology development, Paul Chan says
- The Hong Kong Green Week, which began on Monday, is expected to attract some 5,000 attendees from dozens of jurisdictions
- A series of sustainability-themed discussions, exhibitions and events will be held during the course of the Green Week
Hong Kong, a city with green technology and environmental finance ambitions, is pushing ahead with its efforts to deliver products and solutions to domestic and international markets, as demand grows exponentially.
A series of sustainability-themed discussions, exhibitions and events will be held during the Hong Kong Green Week that began on Monday and is expected to attract some 5,000 attendees from dozens of jurisdictions.
“In last year’s government budget, I proposed to build Hong Kong as an international centre for both green technology and finance,” Hong Kong’s Financial Secretary Paul Chan Mo-po said at the summit. “Hong Kong should aspire to be a leading force contributing towards sustainable development in China, the wider region and the world, which will also bring about huge business opportunities.”
Global investment in green energy and energy transition technology, amounting to US$1.7 trillion last year, has surpassed that spent on oil and gas exploration and production, he noted.
Hong Kong’s edge lies in its ability to finance companies ranging from start-ups to established companies, thanks to its substantial capacity to offer professional services including green projects certifications, Chan said.