Our founder Ben McQuhae was invited to speak as a panelist at an EU – Hong Kong Policy Discussion Series hosted by InvestHK, together with other carbon market experts from EU, China and Hong Kong, exploring Hong Kong and EU’s carbon markets and the implications of EU’s carbon border adjustment mechanism (CBAM).
One of the main takeaways: Is China prepared for CBAM? Is anyone? There is so much scope for Hong Kong to contribute meaningfully to regional and global decarbonization efforts via carbon market development. The CBAM will impact every major industrial sector and affected companies should start planning now. Hong Kong should be developing the talent and the infrastructure to support them.