Decarbonisation
Overview
As a mature international financial centre, and with proximity to mainland China and unique access to global investors, Hong Kong has what it takes to become a regional hub for green and sustainable finance. How are we maximising efforts to promote the city’s capital markets as well as financial and professional services for green and sustainable investment, and capitalising on the enormous opportunities presented alongside the development of the Greater Bay Area?
Learnings
- How can Hong Kong best capitalize on its unique strengths and involve all players of the private sector in developing green and sustainable finance to boost investments conducive to reducing carbon emissions?
- How can Hong Kong enhance synergies with Greater Bay Area cities to play a strategic role as China’s gateway and mobiliser of green investments to facilitate national carbon neutrality goals?
- Already, assessments are being made with local financial regulators and Chinese authorities on the feasibility and support needed for developing the city’s carbon trading capabilities for the Greater Bay Area and Asia as a whole. What are the opportunities and barriers for the city to develop as a regional carbon trading hub?
Post Event Actions
- Gain insights on opportunities, barriers and the next steps for the city to advance its green and sustainable finance ambitions towards a low-carbon future.
- Rethink Hong Kong’s unique role to become a carbon trading hub catering to global sustainability and its own and China’s carbon neutrality push.
Speakers
MODERATOR
Paul Ho
Financial Services Tax Leader – Hong Kong; Asia-Pacific CTORS Leader
EY
Paul Ho
Financial Services Tax Leader – Hong Kong; Asia-Pacific CTORS Leader
EY
Paul is the financial services tax leader for Hong Kong and Asia-Pacific CTORS Leader at EY, and advises on all aspects of corporate tax issues relating to financial services clients. He has over 23 years of practical taxation experience and knowledge, and holds a Master of Taxation Degree from the University of Sydney.
Paul is a Honorary Adviser of CPA Australia – Greater China, Co-chairperson of the Taxation Committee of CPA Australia – Greater China and a Fellow member of CPA Australia; Co-chairperson of the Tax Committee of the Alternative Investment Management Association Hong Kong and member of Accounting Committee of Council for the Promotion of Guangdong-Hong Kong-Macao Cooperation.
Christine Ip
CEO – Greater China
UOB
Christine Ip
CEO – Greater China
UOB
Christine Ip is CEO – Greater China of UOB and a non-executive director of UOB China. Mrs Ip has more than 30 years of experience in both consumer and corporate banking and has significant experience in Hong Kong, mainland China and overseas markets. She holds a MBA from the Hong Kong University of Science and Technology and a bachelor’s degree in arts from the University of Hong Kong.
My Sustainability Goals for 2022:
I strive to ensure the Sustainability Development Goals are firmly embedded in our Bank’s corporate strategy for sustainable environmental, social and governance outcomes. On a personal level, I hope to mobilise efforts to minimise all forms of poverty, fight inequalities and tackle climate change.
Kenneth Hui
Head (Market Development), External Department
Hong Kong Monetary Authority
Kenneth Hui
Head (Market Development), External Department
Hong Kong Monetary Authority
Kenneth Hui is the Head of Market Development Division of the Hong Kong Monetary Authority (HKMA), in charge of the HKMA’s efforts to enhance Hong Kong’s competitiveness as an international financial centre. Prior to joining the HKMA, Ken was a senior manager at the Investment Products Division of the Hong Kong Securities and Futures Commission (SFC), specialising in regulatory policies on retail funds and innovative retail investment products. During his time at the SFC, Ken was seconded to the Secretariat of the International Organization of Securities Commissions, where he was responsible for global OTC derivatives reforms.
Dr. Stephen Wong
Vice President, Hong Kong Green Finance Association
Senior Vice President & Executive Director of Public Policy Institute, Our Hong Kong Foundation
Dr. Stephen Wong
Vice President, Hong Kong Green Finance Association
Senior Vice President & Executive Director of Public Policy Institute, Our Hong Kong Foundation
Dr. Stephen Wong received his Bachelor of Arts in Economics from the University of Chicago and Master of Arts in East Asian Studies from Yale University. He completed his Doctorate degree in Public Administration (DPA) from the University of Hong Kong.
He began his career as an investment banker and held regional management positions with several global financial institutions, including as Executive Director at UBS in London and Managing Director at RBS.
Dr. Wong joined Our Hong Kong Foundation in 2015, and he is currently Senior Vice President & Executive Director of Public Policy Institute. He is also a member of the Legislative Council.
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With thanks to
