London and Hong Kong Unite for Urban Climate Solutions Seminar During Climate Action Week

2026-06-25 22:57 Last Updated At：23:08

London ETO supports Hong Kong-London exchange on urban climate solutions at London Climate Action Week

The Hong Kong Economic and Trade Office in London (London ETO), together with Invest Hong Kong (InvestHK), supported the seminar "Connecting London and Hong Kong: Scaling Urban Climate Solutions Across Markets" in London on June 24 (London time). The seminar was organised by the Civic Exchange, the Capacity-building Alliance of Sustainable Investment and the GBA Carbon Neutrality Association during London Climate Action Week.

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London ETO supports Hong Kong-London exchange on urban climate solutions at London Climate Action Week Source: HKSAR Government Press Releases

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London ETO supports Hong Kong-London exchange on urban climate solutions at London Climate Action Week Source: HKSAR Government Press Releases

The seminar brought together representatives from the climate technology, finance, professional services, urban development and sustainability sectors to explore how London and Hong Kong can work together to develop, test and scale practical urban climate solutions across markets.

Speaking at the seminar, the Director-General of the London ETO, Miss Fiona Chau, highlighted Hong Kong's commitment to achieving carbon neutrality before 2050 and its effort to advance cleaner energy, greener buildings, sustainable transport and green technologies. Miss Chau said, "Delivering climate solutions requires innovation, investment, sound policy and professional expertise. Most importantly, it requires places where ideas can be tested, refined and scaled. Hong Kong's strengths as an international financial centre, together with its professional services, common law system and close integration with the Guangdong-Hong Kong-Macao Greater Bay Area, position the city well to support the development and scaling of urban climate solutions across Asia and beyond."

Over 80 participants attended the seminar and the networking reception that followed.

Paul Chan Visits Xi'an to Strengthen Cooperation and Promote Hong Kong's Financial and Innovation Ecosystems

FS proceeds to Xi'an for visit

The Financial Secretary, Mr Paul Chan, completed his visit programme in Dalian this morning (June 25) and proceeded to Xi'an at noon for a visit.

Mr Chan called on the Secretary of the CPC Xi'an Municipal Committee, Mr Hao Huijie, and the Mayor of Xi'an, Mr Ye Niuping, for in-depth exchanges on strengthening co-operation between the two places.

Upon arriving in Xi'an, Mr Chan visited Xi'an Jiaotong University (XJTU). He met with the Secretary of the CPC XJTU Committee, Mr Wu Guosheng, and, accompanied by the Vice President, Professor Shan Zhiwei, held a symposium with innovation and technology enterprises in Xi'an, during which he introduced Hong Kong's business environment, financial and innovation and technology ecosystems, and listened to their business development plans. Mr Chan said that Shaanxi has solid strengths in hard technology, with its innovation capabilities continuously improving, and possesses the capability to expand international business. He encouraged enterprises to actively consider using Hong Kong as a platform for developing international business, and to make good use of Hong Kong's full-chain funding ecosystem and professional services to grow bigger and stronger. The Director-General of the Office for Attracting Strategic Enterprises, Mr Peter Yan, and representatives of the Hong Kong Investment Corporation Limited attended the symposium.

Mr Chan then delivered a speech to about 400 teachers, students and alumni of XJTU, focusing on how Hong Kong and Xi'an can work together to effectively transform hard technology achievements into products and services for the global market, and encouraging students and alumni to make good use of Hong Kong's platform to seize development opportunities.

Mr Chan pointed out that Xi'an has outstanding research strengths in hard technology areas such as aerospace technology, artificial intelligence, new energy and new materials, and that cutting-edge technologies can fully unleash their value only by "identifying the right scenarios and the right applications". For hard technology to become efficient productive forces, apart from laboratory breakthroughs, it must also rely on capital relay, market validation and internationalisation channels, and Hong Kong can provide crucial support in these areas.

He said that Xi'an's strength lies in hard technology, while Hong Kong's strengths lie in "one country, two systems", internationalisation and its status as a financial centre. The country supports Hong Kong in building itself into an international financial centre, an international innovation and technology centre and a hub for talent, meaning that Hong Kong is not only a place where capital and talent converge, but also a "converter" for connecting technology with capital and helping enterprises adapt to international strategies. He pointed out that Hong Kong's initial public offerings, secondary market financing, private equity funds, exchange-traded products and cross-boundary asset management offer market depth, breadth, innovation and flexibility. Together with a robust banking system and a sound Linked Exchange Rate System, they provide technology enterprises with multi-level fundraising and financing channels as well as risk management tools.

On technology innovation, he emphasised that Hong Kong is promoting the integration of "AI+" and "Finance+", and has advantages in areas such as communications hub functions and computing power development. In addition, the Hong Kong Investment Corporation Limited, as the Government's patient capital, supports investment in small, early-stage, long-term and hard technology projects. When Xi'an's technology seeks to go international, in addition to the technology itself, it also needs capital that understands technology, professional services, patent protection, brand building and global networks — and these are precisely the support that Hong Kong can provide.

Mr Chan encouraged young students to regard Hong Kong as one of the barometers of the global market, actively enter the intersection of "finance + technology", and make good use of Hong Kong's positioning as an international financial centre and an international innovation and technology centre to accumulate practical experience across markets and regions. He also encouraged them to base themselves in Hong Kong and look to the world, and welcomed them to make use of learning, internship and work opportunities in Hong Kong to build connections with international capital, markets and professional institutions.

In conclusion, he said that Hong Kong is willing to be a long-term partner of Xi'an and of the teachers, students and alumni of XJTU. With the shared goal of "Xi'an R&D, Hong Kong empowerment, global application", Hong Kong is ready to deepen collaboration in project co-operation, capital matching and talent exchanges.

The Vice Chairman of the Shaanxi Provincial Committee of the Chinese People's Political Consultative Conference, Mr Zhang Xiaoguang, and the President of the Hong Kong China Friendship Association, Ms Cheng Cheung-ling, took part in the visit programme at XJTU.

Before leaving Dalian in the morning, Mr Chan continued to attend the Summer Davos 2026. He spoke at a session organised by Hong Kong Exchanges and Clearing Limited on "Scaling Green Technology for Climate Impact: How Capital Accelerate Change".

Speaking at the session, Mr Chan said that Hong Kong has set clear carbon reduction targets, including reducing carbon emissions by half before 2035 as compared with 2005 levels, and achieving carbon neutrality before 2050. However, Hong Kong also sets a higher goal of serving the country's and the region's green transition. As an international financial centre, Hong Kong continues to play its role as a green financing hub, and will further promote financial innovation, including the continued development of digital green bonds, insurance-linked securities such as catastrophe bonds, and other instruments. It will also actively align with international green and sustainable finance standards, including promoting the Sustainable Finance Action Agenda, strengthening climate-related disclosure requirements for listed companies, and enhancing the green and transition finance taxonomy framework.

On industrial development, Hong Kong is accelerating the building of a green technology ecosystem. Currently, more than 300 green technology enterprises have established a presence at Hong Kong Science Park and Cyberport, and possess international competitiveness. The HKSAR Government continues to support the development of green industries of strategic significance, promoting the transformation of research outcomes and industrial upgrading.

Mr Chan will continue his visit programme in Xi'an tomorrow (June 26).

London and Hong Kong Unite for Urban Climate Solutions Seminar During Climate Action Week

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