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China’s climate ambition at this year’s “two sessions”, which ended on 11 March, was relatively subdued, with analysts expecting economic concerns to trump climate action in the year ahead.
Paul Chow, group CSO of the city's bourse operator, drew parallels between Hong Kong and Singapore, which he says has implemented top-level initiatives to price carbon and govern emissions trading. The city also needs to boost its relevance as a 'super-connector' for China, say panellists at the ASIFMA annual conference.
Company participation has surged 120 per cent since the green option programme was introduced four years ago, finds a new report. But despite demand growth, renewable energy supply remains limited.
A record surge of clean energy kept China’s carbon dioxide (CO2) emissions below the previous year’s levels in the last 10 months of 2024.
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