Hong Kong energised as global investment hub for green technology

Government agency InvestHK’s first new energy mission to the UK showcases city’s robust sustainable finance and innovation ecosystem Record-breaking heat, devastating droughts, deadly wildfires and heavy rain and severe floods around the world over recent months have sparked a new urgency in the search for practical solutions to climate change. The challenge for governments is not only to generate cleaner sources of power, but also to use safer and more efficient energy technologies and storage systems that are affordable and scalable so they can have a global impact. Hong Kong is increasingly positioning itself as an integral player in this transition. Locally, the city aims to cut its carbon emissions from the 2005 level by half before 2035, and to achieve carbon neutrality before 2050. This is aligned with China’s “dual carbon goals” – to reach peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

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