Our founder Ben McQuhae was invited to share our views on Hong Kong’s potential as Asia’s Carbon Trading Hub of the Future with Hong Kong Exchanges and Clearing Limited (HKEX), China International Capital Corporation Hong Kong Asset Management Limited (CICC HKAM) and KPMG at the Hong Kong Fintech Week 2022.
Our view in brief summary:
- A robust, global, and interconnected voluntary carbon market (VCM) is going to be essential to our collective ability to tackle climate change, and tech and fintech innovation and solutions will be essential to a functioning VCM.
- Hong Kong has strong policy commitments for green finance, decarbonisation, fintech, and virtual assets. Carbon markets is a perfect opportunity for all stakeholders to demonstrate that we are serious about all the above – and that we are ready to take a leadership role in tackling climate change.
- We will have to work hard and work together to make Hong Kong Asia’s Carbon Trading Hub of the Future. The opportunity is clear.
We celebrate the launch of HKEX’s Core Climate as a good first step.
