HKUST's Loh on Climate Change, Sustainability

The video discusses Hong Kong's role in achieving carbon neutrality by 2050, emphasizing the importance of designing projects with net-zero goals. It highlights Hong Kong's position as a financial center for raising capital for green projects and the potential of becoming a green bond center. The discussion extends to carbon trading, regional cooperation with mainland China, and the impact of global climate agreements. The role of the private sector and innovation in addressing climate change is emphasized, along with the future prospects of carbon trading and market development.

What is the primary goal for Hong Kong's development projects as discussed in the video?

• To expand financial markets

• To achieve carbon neutrality

• To enhance tourism

• To increase urban density

Why is it important for Hong Kong to become a green bond center?

• To raise capital for sustainable projects

• To increase government revenue

• To support traditional industries

• To attract more tourists

What challenge is associated with involving traditional conglomerates in green finance?

• Limited market opportunities

• Resistance to change from traditional practices

• Lack of financial resources

• Insufficient government support

What is a potential benefit of Hong Kong becoming a carbon trading hub?

• Increased tourism

• Enhanced regional collaboration

• Higher property prices

• Reduced government intervention

Which international agreement is mentioned as a springboard for climate action?

• Kyoto Protocol

• Paris Agreement

• Montreal Protocol

• COP 26

What role does the private sector play in achieving carbon neutrality?

• Increasing fossil fuel usage

• Developing innovative solutions

• Reducing market competition

• Providing government subsidies

What is a potential risk of opening carbon trading to retail investors?

• Higher regulatory costs

• Increased market stability

• Reduced investor interest

• Excessive market volatility