The 2020 Policy Address announced that Hong Kong would strive to achieve carbon neutrality before 2050. The city is now moving towards the 2030 target of reducing carbon intensity by 65% to 70% compared to 2005 based on Hong Kong’s Climate Action Plan 2030+. To reduce carbon emissions, the Government has taken measures in areas like waste management, energy supply, green building, green transport, cleaner production and green finance.

CLP Holdings, the larger of two power utilities in Hong Kong, will raise the bar on its decarbonisation efforts. Against this background, TMA is delighted to have invited Mr. Jim Taylor, Senior Director - Planning & Development, CLP Power Hong Kong Limited, to share with Members how we can reduce carbon emissions in Hong Kong and what finance sectors can do to help achieve the goal.

Agenda:

• Carbon emissions in Hong Kong - Where they come from, what are the main trends and what needs to change in the future

• Reducing air pollution - Another key target for Hong Kong.  How reducing carbon emissions can also reduce air pollution

• CLP’s Climate Vision and our progress so far, including past and present projects to reduce emissions in Hong Kong

• Looking ahead – the need for more zero carbon electricity and new zero carbon fuels (including hydrogen)

• Decarbonising the economy as a whole, including transport and other sectors

• How the finance sector can help and the next steps Hong Kong should take

Biography of Speaker:

Jim Taylor, Senior Director – Planning & Development (CLPP)

Jim has been with China Light & Power in Hong Kong since 2001, after moving from Melbourne, Australia. Jim is Senior Director – Planning & Development at CLP Power Hong Kong, where he is responsible for supporting the company's future long term strategic development and regulatory regime.

Jim has extensive senior management experience of electricity, gas and environmental issues with leading companies in both regulated and deregulated energy markets in the UK and Australia.   Prior to his current role in CLP, Jim has been responsible for the company's long term strategic planning and the interface with the Hong Kong Government for the operation of the Scheme of Control, with earlier appointments covering retail strategy, CLP’s largest customers, energy efficiency & conservation and tariff design.

Participants are entitled to receive 1 CPD (TMA) credit upon completion of the webinar. TMA is the administrator for the Enhanced Competency Framework on Treasury Management (ECF-TM) and a recognized institution of Securities and Futures Commission (SFC) for providing continuing professional development (CPD) activities. The CPD hours can be used to meet the CPD requirements of the ECF-TM and the SFC.  To qualify for the CPD credit or attendance certificate of the webinar, all participants have to display their registered full names (same names in the registration form) for attendance check. We regret that neither CPD nor attendance certificate will be given to those who are late for the webinar or leave early. TMA Office will update TMA Individual Members’ CPD record after the webinar is held.