Floods brought devastation to Weihui in central China’s Henan province in July. Photo: Simon Song
Hong Kong’s green finance credentials can help plug Asia’s US$25 billion gap in funding for climate change resilience, says Fitch
- Ten of 15 nations identified by Fitch as having the highest physical exposure to floods and storms are in Asia
- Green bonds can be used to raise funds for ‘adaptation’ projects that bolster resilience against the effects of climate change
Knowledge |
China and climate change
Floods brought devastation to Weihui in central China’s Henan province in July. Photo: Simon Song