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Sustainability

Sustainability

Hong Kong is among the earliest cities in Asia taking actions to combat climate change and we are committed to building a sustainable future. As a leading international financial centre and innovation and technology hub, we will capitalise on the opportunities to develop the city into a leading green financial centre and a new hub for smart and green technology. Guided by the Hong Kong Climate Action Plan to achieve carbon neutrality by 2050, our city is the ideal launchpad for sustainability companies to scale globally and expand into the GBA markets.

Hong Kong is among the earliest cities in Asia taking actions to combat climate change and we are committed to building a sustainable future. As a leading international financial centre and innovation and technology hub, we will capitalise on the opportunities to develop the city into a leading green financial centre and a new hub for smart and green technology. Guided by the Hong Kong Climate Action Plan to achieve carbon neutrality by 2050, our city is the ideal launchpad for sustainability companies to scale globally and expand into the GBA markets.

New Energy

  • Clear Government direction and support in clean energy innovation
  • Strategy of Hydrogen Development plan in place to drive green transformation
  • Ideal hub for R&D, demonstration and international standards setting

Sustainable Built Environment

  • 42,000+ buildings (including 8,000 high-rises) adopting low-carbon tech
  • Strong demand for innovative low-carbon solutions

Green Mobility

  • Extensive transport network creates an ideal testbed for sustainable transport solution
  • Roadmap on Popularisation of Electric Vehicles (EVs) guiding direction to attain zero vehicular emissions before 2050
  • Position Hong Kong to become a Green Maritime Fuel Bunkering Centre

Green Finance 

  • Excel in green bonds and sustainable investment products
  • Deep capital markets and a diverse investor base accelerating progress in sustainable financing

Green FinTech

  • Innovation in FinTech further facilitates sustainable investments and green initiatives

Sustainable Products, Fashion and Textiles

  • Develop circular economy solutions to combat rising waste, promoting recycling and sustainable consumption
  • Digital Product Passports (DPPs) provides detailed insights into product’s origins, materials, recyclabilities, and environmental impacts
  • Fashion industry shifting to eco-friendly materials, ethical production and circularity
  • Sustainable fashion market growing at 9.46% annually (2022-2028)

Green Supply Chains

  • Minimising waste and carbon emissions across distribution and disposal fosters a circular economy
  • Electronic vehicles (EVs) trucks in food and retail logistics further reduce carbon footprints
  • Retailers sourcing through Hong Kong leverage DPPs to showcase responsible practices

Agricultural Technology and Sustainable Food Sourcing

  • Blueprint for the Sustainable Development of Local Agriculture and Fisheries to increase local yields through agro-technology and modernised mariculture
  • Farm-to-table dining and ethical sourcing on the rise

Fast Facts

#1 in Asia for green bond issuance

#1 in Asia for green bond issuance

capturing 45% market share

HK$150 billion

HK$150 billion

government investment on I&T development

HK$3.15 billion

HK$3.15 billion

funding schemes for sustainability and green business and supply chain, e.g. Recycling Fund, Green Tech Fund, New Energy Transport Fund, etc.

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