As the effects of climate change start to take hold, Hong Kong’s role as a leading green and sustainable finance hub is increasingly important. Hong Kong is well-positioned to channel investment to those who need it most and provide the opportunity of a lifetime to potential investors.
There is no shortcut to efficient, climate-resilient infrastructure projects that attract investors. Countries must first chart their paths and signal for change; only then can the World Bank help secure financing.
The progress in reducing carbon dioxide emissions should be applauded, but removing methane from natural gas production and use could also make a substantial difference, especially if the combined efforts of industry and governments pay off.