'Northern Metropolis Will Better Protect Ecosystem'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-10-11 HKT 14:00

Share this story

facebook

  • 'Northern Metropolis will better protect ecosystem'

The Secretary for the Environment, Wong Kam-sing, says the government’s plan to develop the northern part of the territory will not undermine the ecosystem there.

Wong was speaking on Monday, days after Chief Executive Carrie Lam unveiled a proposal to build a 300-square-kilometre “Northern Metropolis” in the New Territories, covering large areas of farmland, wetland and brownfield sites.

Wong said the government will make sure the development is sustainable.

“We would resume wetland and fishponds that are worth preserving, so as to increase their ecological capacity. At present, many plots are lying idle, their ecological values depreciating. With the Northern Metropolis, it could be better handled in a positive way,” he said.

Meanwhile, Wong also said the plan to phase out the use of coal for power generation by 2035 is necessary and achievable, even though it sounds more ambitious than similar proposals in the UK and in Germany.

He said Hong Kong should shoulder the responsibility as a member of the “global village”, adding that details will be discussed with the two power companies in due course.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more