HK NGO Welcomes 'climate Justice' Focus At COP27
"); jQuery("#212 h3").html("

"); });
2022-11-07 HKT 09:07
The founder of a Hong Kong non-profit, CarbonCare InnoLab, says it's encouraging that the notion of "climate justice" is on the agenda at the United Nations' COP27 climate conference being held in Egypt.
Chong Chan-yau says that developed nations have so far resisted calls to discuss paying poorer nations to help them cope with the impacts of global warming but that "loss and damage" is now part of the conversation at the event in Sharm El Sheikh.
"There is a recognition that marginalised groups suffer more from climate change despite contributing the least to it," he said. "In Hong Kong, for example, it affects people in partitioned flats who don't have air conditioning, or people who work outdoors. Climate injustice is a reality, so it's encouraging that loss and damage are key discussion points."
Chong said the group had sent 10 young people from Hong Kong to the event, where they will network and add their voices to calls for governments around the world to make good on their climate pledges.
"There's not enough commitment from around the world to deliver on keeping to a 1.5 degree temperature increase," he added. "We need the conference to succeed,"
Indonesia And South Korea Begin Cross-Border QRIS Payments In Local Currencies
Bank Indonesia and the Bank of Korea have launched cross-border QR payment connectivity between Indonesia and South Kor... Read more
Hong Kong Misses March Deadline For First Stablecoin Licenses, No Issuers Approved
The Hong Kong Monetary Authority (HKMA) has yet to issue its first batch of stablecoin licenses, missing an earlier tar... Read more
Hong Kong Sees Digital Wallets Surpass Cards For The First Time
Digital wallets have surpassed cards for the first time in the city’s payments landscape, according to the Global Pay... Read more
HSBC Appoints Max Xu And Samuel Chen To Lead Wealth And Private Banking In China
HSBC has appointed Max Xu as Head of International Wealth and Premier Banking (IWPB), HSBC China, and Samuel Chen as He... Read more
OSL Group 2025 Revenue Hits HK$489M, Stablecoins Account For 60% Of Trading
OSL Group reported its annual results for the year ended 31 December 2025. The company said it recorded growth during t... Read more
JCB Brings Google Pay Contactless To Taiwan In First Overseas Rollout
JCB has announced that JCB-branded credit cards issued by Union Bank of Taiwan and Bank SinoPac will, for the first tim... Read more
