Hong Kong could become an intermediary for Asia’s green infrastructure financing needs, but only if businesses step up their sustainability drive and establish the city’s credibility in project implementation, according to Fung Academy, the learning arm of supply chain manager Fung Group.
“Asia’s going to need US$30 trillion worth of infrastructure, and much of that is going to need to be resilient green infrastructure. Why shouldn’t Hong Kong intermediate all of that?” Pamela Mar, Fung Academy’s executive vice-president, told the The Economist’s “Growing sustainable businesses in Hong Kong” webinar on Thursday.
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