Hong Kong has prohibited new registration of fossil-fueled private cars by 2035 or earlier. But there remains plenty of work to be done to enhance ambition and forge a more sustainable transport system. Photo by Phan Hoang Phe/Unsplash
In densely urbanized Hong Kong, transport is the second largest source of greenhouse gas emissions, at 18%. Vehicle traffic is also a major source of toxic air pollutants like NOx, volatile organic compounds and carbon monoxide, accounting for 18%, 21% and 50% of total emissions in 2018, respectively, and a key contributor to public health risks. As a result, Hong Kong moved in March to prohibit new registration of fossil-fueled private cars by 2035 or earlier.
KUALA LUMPUR (March 8): Thirteen green projects in renewable energy (RE), low carbon transport, water infrastructure and waste management are showcased and a sample pipeline of 60 projects in these areas have been identified in the newly-released Green Infrastructure Investment Opportunities Malaysia (Malaysia GIIO) report.
Malaysia GIIO is prepared to meet the growing demand for green investment opportunities and to support transition to a low carbon economy. It aims to support Malaysia’s economic and climate goals by stimulating engagement around the financing of climate resilient infrastructure between project owners and developers and development finance institutions and international investors.
In a statement today, the Climate Bonds Initiative said the report identifies and analyses multiple green infrastructure projects open for potential investment and development.
CESL will get ₹600-700 crore infusion from EESL: Mahua Acharya
February 24, 2021
Mahua Acharya, CEO of CESL×
Convergence Energy Services plans to solarise village-level feeders across India
Convergence Energy Services Ltd, the newly-established subsidiary of state-owned Energy Efficiency Services Ltd, will receive a capital infusion of ₹600-700 crore from its parent company to kick off its asset-heavy business operations.
In an interview with
BusinessLine, climate finance expert Mahua Acharya, who has been appointed as CEO of CESL, spoke about the new firm’s strategy and goals.
Excerpts:
What is CESL’s initial capital base? What will be your fund-raising strategy?
The first step is to immediately capitalise CESL from the parent company, EESL. We will probably be capitalised at ₹600-700 crore. Going forward, we are going to become an asset-heavy business. Convergence has inherited solar assets and an electric mobility business from EESL. I’d like to bring the t
Hong Kong strives to achieve carbon neutrality by 2050
By IANS |
Published on
Sun, Feb 7 2021 14:27 IST |
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HK students living in China unlikely to return to class. Image Source: IANS News
Hong Kong, Feb 7 : In the wake of the of challenges brought by global climate change, Hong Kong s finance chief Paul Chan said on Sunday that the city strives to achieve carbon neutrality by 2050 and a long-term strategy to reach this goal will be announced in mid-2021.
Chan, Financial Secretary of the Hong Kong government, said in a blog that in the past few years budgets, investment was made in environmental protection and optimizing urban construction to improve the urban environment and air quality and make the city a more livable place, rpeorts Xinhua news agency.
2021-02-07 08:35:52 GMT2021-02-07 16:35:52(Beijing Time) Xinhua English
HONG KONG, Feb. 7 (Xinhua) In face of challenges brought by global climate change, finance chief Paul Chan has said Sunday that Hong Kong strives to achieve carbon neutrality by 2050 and a long-term strategy to reach this goal will be announced in mid-2021.
Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said in his blog that in the past few years budgets, investment was made in environmental protection and optimizing urban construction to improve the urban environment and air quality and make Hong Kong a more livable place.