the Asian Financial Forum The day started at the Hong Kong Convention and Exhibition Centre. Its two-day agenda includes a range of face-to-face conversations between industry leaders and experts, who will together discuss and discover some of Asia’s most pressing financial topics.
After the forum’s opening day success, here we take a slice of Day Two’s best features. The forum had a strong opening, with the first day’s program overlapping with panels discussing Asia’s promising future in sustainable finance.
With the same level of keen attendees carried over to the next programme, this initial topic expanded over the course of the second day, with a host of conversations related to sustainable fuels, wealth management, and a roadmap to net zero.
Here are the best of the second day at the Asian Financial Forum:
Building the Hydrogen Economy in Emerging Asia: Challenges and Opportunities
In 2020, . was released International Energy Agency He estimated that the demand for pure hydrogen was about 70 million tons per year, and nearly all of the supply was derived from fossil fuels. After opening the second day programme, this discussion sought to reimagine hydrogen use cases along with its commercial viability.
The committee, which is made up of representatives from some of Asia’s most influential energy suppliers, including Intercontinental energyAnd seashells hydrogenAnd BP plc And Bank From ChinaExplore the challenges Asia faces in building a sustainable hydrogen economy, the broader infrastructure hurdles developing countries are trying to overcome in this regard, and how increased hydrogen-based energy use will translate into broader investment opportunities across Asia.
Sustainable Development in the Greater Bay Area: Opportunities for Hong Kong
According to studies mercerThe world has seen a one degree rise in atmospheric warming above pre-industrial levels so far. In light of this, the Asia Development Bank The Asian Development Bank (ADB) has estimated that natural disasters in Asia have resulted in $76 billion in losses each year for the past ten years. It also urges reinvesting $1.7 trillion in infrastructure each year through 2030 in order to sustain growth, tackle poverty, and respond to climate change.
This body, which consisted of representatives of Mercer, HSBC And adventurer Collection Limited, examined how the Guangzhou-Hong Kong-Macao Greater Bay Area can cement its unique position as a global financial center to develop a pioneering level of sustainable development. Speakers discussed the impact of climate change at the regional level and their perspective on how to accelerate sustainable development in Hong Kong and other GBA cities.
Shaping a sustainable financial system: How to integrate ESG factors with fintech
The concept of fintech has long been prevalent in the financial industry, and there has been a continuing level of interest from aE regarding how the technology can meet ESG’s global expectations. The headlines are reporting a pervasive rise in industry-wide awareness of this problem, yet those in a position of influence are becoming more aware of the obstacles to its uninterrupted implementation.
This discussion expressed the opinions of industry leaders from Values partners CollectionAnd PortageBay company And ProMEX Limited Explore the impact that rising expectations about ESG will have on finance, the direction of the industry, and the opportunities that will present themselves to emerging startups at the dawn of a more sustainable financial industry.