The "Hong Kong 01" Economic Summit Forum 2022 was held today (8th) with the theme of "Green Gold Rise and Business is Booming".
In his opening speech, Chief Executive Lee Kar-chiu emphasized that the Hong Kong government attaches great importance to the green economy in order to achieve sustainable development and protect the well-being of the next generation while meeting the needs.
Li Jiachao pointed out that, as President Xi Jinping said, "Clear water and green mountains are mountains of gold and silver." Practice has proved that economic development cannot be at the cost of destroying the ecology.
Li Jiachao also said that in the "Policy Address", he proposed to strive to halve the total carbon emissions from the 2005 level by 2035, and to achieve the goal of carbon neutrality by 2050. The government will invest another 2,400 in the next 15 to 20 years. 100 million yuan to promote a series of work on climate change.
In terms of green bonds, the target is to increase the total issuance by more than five times in the five years from 2021-22 compared with that before 2021-22.
Li Jiachao: It is not easy for the destructive forces to lurk in society to jointly maintain and stabilize the situation
"Hong Kong 01" held the Economic Summit Forum 2022 this year with the theme of "Green Gold Rise, Business is Booming", and invited leaders from the political, business and academic circles to focus on the discussion.
Li Jiachao mentioned in the opening video speech that looking back on the past year, the situation in Hong Kong has generally remained stable, people's lives and the economy have gradually recovered, and society and the economy have begun to move and come alive. However, destructive forces are still lurking and have not given up, especially external forces. , to remind all sectors of society to remain cautious and vigilant, and jointly maintain this hard-won stable situation. It is believed that there must be stability before development, and only development can make the economy alive.
Chief Executive Lee Ka-chao delivered a speech at the opening of the "Hong Kong 01" Economic Summit Forum 2022 on December 8, emphasizing that the Hong Kong government attaches great importance to the green economy in order to achieve sustainable development and protect the well-being of the next generation while meeting various needs and expectations.
("Hong Kong 01")
Quoting President Xi Jinping’s speech: Lush water and green mountains are mountains of gold and silver
Li Jiachao pointed out that the Hong Kong government attaches great importance to the "green economy". He quoted President Xi Jinping as saying: "Green waters and lush mountains are invaluable assets." Practice has proved that economic development cannot be at the cost of destroying the ecology. The ecology itself is the economy, and protecting the ecology is the Develop productivity.
Li Jiachao emphasized that for Hong Kong, sustainable development means reducing overall pollution and waste while pursuing economic prosperity and improving life; while meeting our various needs and expectations, protecting the well-being of the next generation and reducing the impact on neighboring areas. Create an environmental burden and work together to protect shared resources.
(Photo by Li Zetong)
Towards Carbon Neutrality by 2050
Li Jiachao emphasized that for Hong Kong, sustainable development means reducing overall pollution and waste while pursuing economic prosperity and improving life; while meeting our various needs and expectations, protecting the well-being of the next generation and reducing the impact on neighboring areas. Create an environmental burden and work together to protect shared resources.
Chief Executive Lee Kar-chao.
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Li Jiachao said that the "Policy Address" proposes carbon reduction actions such as saving energy, promoting green transportation, and promoting national waste reduction, in order to strive to halve the total carbon emissions from the level of 2005 by 2035, and move toward the goal of reaching the level by 2050. the goal of carbon neutrality.
The Policy Address also proposes specific and forward-looking strategies to strengthen regional cooperation in addressing climate change and develop green and sustainable finance, leading Hong Kong towards carbon neutrality and making positive contributions to the country's carbon reduction efforts .
The government strives to halve total carbon emissions from 2005 levels by 2035 and move towards the goal of achieving carbon neutrality by 2050.
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Invest 240 billion yuan in the next 15 to 20 years to promote efforts to address climate change
He continued that the "Sustainable Development Committee" was reorganized into a new "Carbon Neutrality and Sustainable Development Committee", moving towards the goal of achieving carbon neutrality by 2050.
The government will invest another 240 billion yuan in the next 15 to 20 years to promote a series of work to deal with climate change and create opportunities for green economy in all aspects.
Financial and professional services can become an important engine of green and sustainable development, helping international capital to match high-quality green projects.
Hong Kong has issued government green bonds since 2019, and a total of nearly US$10 billion worth of bonds has been issued so far. Li Jiachao stated that he will expand the issuance of government green bonds. - Increased by more than five times before 22 years.
Hong Kong has the unique advantage of being "backed by the motherland and connected to the world", and can become the preferred financing platform for mainland and overseas governments and green enterprises.
In the planning and engineering studies of the northern metropolitan area and Kau Yi Chau artificial islands being carried out by the government, carbon neutrality has been included as an important research topic.
(File photo/Photo by Ou Jiale)
Northern Metropolitan Area and Kau Yi Chau Artificial Island to Study Carbon Neutrality
In terms of promoting a green economy, the government has earmarked $200 million to launch a three-year green and sustainable finance pilot training program, and has started accepting applications for qualified training and qualification registration at the end of October this year.
The Education Bureau and the University Grants Committee will continue to encourage universities to offer courses to meet Hong Kong's and global demand for talents in environmental protection and green industries.
The planning and engineering studies of the northern metropolitan area and the Kau Yi Chau artificial island that the government is currently conducting have included carbon neutrality as an important research topic, and put forward specific recommendations for building a carbon neutral community, such as the widespread application of district cooling technology to encourage Energy saving, promoting the use of electric vehicles, building a comprehensive network of pedestrian and cycle paths, etc., adding green building planning elements, in line with the concept of smart cities, to provide a better living environment for future residents.
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