Energy environmental priorities:
set an ambitious carbon intensity target of 65% to 70% by 2030 using 2005 as the base, which is equivalent to 26% to 36% absolute reduction and a reduction to 3.3-3.8 tonnes on a per capita basis.
GHG emissions reduction targets:
Hong Kong’s emissions will peak by 2020 when we have more electricity generation from natural gas in our fuel mix.
---Our 2020 target will reduce Hong Kong’s per capita contribution to less than 4.5 tonnes CO2-e; and our 2030 target could reduce it further to about 3.3-3.8 tonnes.
Pollution control action plans:
Bus route rationalisation[...] be used to strengthen existing services with increased demand or introduce new services with a view to better utilising resources, enhancing bus network efficiency, alleviating traffic congestion and reducing roadside air pollution.
---Hong Kong will continue to phase down coal for electricity generation and use more natural gas and increase non-fossil fuel sources, which will enable Hong Kong to reduce carbon emissions significantly in the medium term,[...]
---[...]extending rail services, as well as improving all public transport services – including smarter road usage management – so that public transport remains the preferred choice of commuters and Hong Kong’s transport sector has a low level of transport-related emissions per capita.[...]improving the planning of and design for universal accessibility with unique connecting infrastructure suitable for the city’s vertical topography to enable more people to walk for short and medium distances.
---Fostering further bicycle-friendly environment in suitable areas.
Decarbonization strategy:
[...]extending rail services, as well as improving all public transport services – including smarter road usage management – so that public transport remains the preferred choice of commuters and Hong Kong’s transport sector has a low level of transport-related emissions per capita.[...]improving the planning of and design for universal accessibility with unique connecting infrastructure suitable for the city’s vertical topography to enable more people to walk for short and medium distances.
---Use low carbon construction materials
---[...]to expand country and marine parks, as well as a long-term programme to promote urban forestry and ecology, which will also help to cool the city as temperature rises as a result of climate change.
---[...]Hong Kong will need to review our climate change efforts every 5 years and align them with the submission timelines under the Paris Agreement. The timeline for review up to 2030 for Hong Kong is expected to be as follows: 2017-Hong Kong set new 2030 carbon target; 2019 Hong Kong reviews its actions; 2020-Update its plan (i.e.commit to further actions); 2024-Hong Kong reviews its actions; 2025-Next climate action plan (i.e.commit to further actions); 2029-Hong Kong review its actions; 2030-Next climate action plan (i.e.commit to further actions).
Green finance:
[...]strengthen efforts to publicise its competitive capital markets and highlight Hong Kong’s edge in developing green financial products.[...]to issue benchmark green bonds and to establish a green labelling scheme for projects and securities to attract issuers and new investors to Hong Kong.