Opinion | How Hong Kong can tackle the climate crisis and its economic problems at the same time
- In the midst of a climate emergency, a solutions-based approach is the way forward, pairing local innovation with government regulation
- This can give Hong Kong a better chance of going green and becoming one of the first zero-carbon cities, which would help diversify the economy
Championing a solutions-based approach is the best way to overcome this paralysis. In this context, I would like to commend the work carried out within the “Hong Kong 2050 is Now” project, and go further by proposing a new institution to kick-start Hong Kong’s efforts to address climate change.
Unfortunately, we do not have the luxury of time in the midst of a climate emergency. The way forward is to pair local innovation, especially by engineers, financial professionals and young people, with government regulation.
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First, the centre would spearhead innovation and entrepreneurship by providing funding for climate-related business plans and hosting competitions to generate creative solutions and raise the profile of the zero-carbon mission.