Press Releases in Hong Kong

Sustainability on the agenda at online financial forum

A ferry crosses Victoria Harbour in Hong Kong on Nov 13, 2021. (BERTHA WANG / AFP)

HONG KONG – Leading financial minds and policymakers of the world will discuss various aspects of sustainability on Monday at the Hong Kong Special Administrative Region’s premier financial event — the two-day Asian Financial Forum.

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor will address the forum on the opening day, while Financial Secretary Paul Chan Mo-po will launch the second day of sessions.

“Navigating the Next Normal towards a Sustainable Future” is the theme of the annual forum, organized by the HKSAR and the Hong Kong Trade Development Council. The council said that more than 170 speakers are participating

“Navigating the Next Normal towards a Sustainable Future” is the theme of the annual forum, organized by the HKSAR and the Hong Kong Trade Development Council. The council said that more than 170 speakers are participating.

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Former European Central Bank president Jean-Claude Trichet will lead a keynote session on Monday on how the financial industry, regulators, and policymakers should increase efforts to achieve monetary stability, and the best potential approaches to reinforce structural reforms to ensure a resilient economy during uncertain times.

Meanwhile, Mark Carney, United Nations special envoy on climate action and finance, and a former Bank of England governor, will also host a keynote session on creating a sustainable financial system as a way of mitigating the liability and transitional threats posed by climate change. He will outline ways to mobilize public and private resources for a “net zero” carbon future.

China Daily Hong Kong, which is celebrating its 25th anniversary, will moderate a session on the second day, on non-fungible token investments.

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Mary Huen, chairperson of the AFF 2022 steering committee, CEO of Standard Chartered Hong Kong, and Standard Chartered’s cluster CEO of Hong Kong, Taiwan and Macao, said changes in the global landscape continue to deepen, “while governments and enterprises in different economies are taking innovative approaches to promote sustainable development.”