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Mark Hinnells
Mark Hinnells
Dr Mark Hinnells is strategy director at Climate Finance Asia.

The EU’s net-zero plan for buildings is a good model. For a start, Hong Kong needs a mandatory energy label for buildings as a basis, and a combination of information, incentives and regulation to succeed

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What we got was incrementalism when deep and radical solutions are needed. Politicians are fiddling while the world burns. Nevertheless, Hong Kong can play a key role in how carbon trading is implemented and in financing the energy transition.

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From buildings to cars, bank loans to investments, the idea is to reward energy efficiency and tax emissions – turning everything into a market where carbon emissions carry a price.

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