Skip to main Content

Event Wrap-Up: ICCC2009

Starts
12:00PM, 07 October 2009
Ends
12:00PM, 09 October 2009
Location
HK Convention & Exhibition Center
Event Wrap-Up: ICCC2009

OCT 7-9, HONG KONG - The Second International Conference on Climate Change (ICCC2009), organized by The Climate Group and Hong Kong Climate Change Forum, saw top government officials, business and community leaders, scientists and academics assemble for three days of intensive discussions on the challenges and opportunities of climate change.

Topics covered included: policy-related issues, business risks and realities, strategies for pursuing low carbon opportunities, and regional implications of mitigating and adapting to the climate challenge.

"ICCC2009 united leaders from business, government and civil society in Hong Kong and the region to focus on the urgent need for action on climate change," said Steve Howard, The Climate Group's CEO.

"At this critical moment in time, we must summon the collective will and urge our community leaders to continue building momentum towards a fair, ambitious and binding global climate deal. People are expecting to see their leaders move from talk into action."

Strategies for confronting climate risks and opportunities

The first two days of the conference saw active panels on the topics of financing, clean technologies, business best practice, green supply chains and business risks.

The opening keynote speakers focused on the challenges and opportunities that climate change poses to regulators, businesses and other stakeholders in the region.

Professor Yanhua Liu, Vice Minister of Science and Technology of China, reiterated China's position that its future growth lay within the low-carbon development model.

Edward Yau, Secretary for the Environment of HKSAR, emphasized Hong Kong's commitment to reducing emissions, calling it "an obligation and a must."

Business leaders shared how they too are rising to the challenges of climate change.

Yue Zhang, Chairman and CEO of Broad Air Conditioning China, and Sandy Flockhart, CEO of The Hongkong and Shanghai Banking Corporation Limited, both spoke of their commitments. Mr. Zhang pointed out that Hong Kong could improve its performance with better technology and the right approach. Mr. Flockhart said that while corporations could do their part in going carbon neutral, which HSBC has achieved since 2005, society needs to do its part to incentivise low carbon investments. He said, "Consumers have to accept higher costs and consumer habits have to change."

Looking toward a global deal on climate change

On the final day, the focus turned to the Pearl River Delta (PRD) Region, the realities of a low carbon economy, and the expectations for Copenhagen.

The PRD Region is playing a leading role in China's development of the low carbon economy in manufacturing, financing, R&D and business innovation. It is creating new business opportunities and growing low carbon sectors, and also increasing the pressure for inefficient or carbon intensive businesses to reform.

Business leaders from HSBC, CLP and Cathay Pacific Airways shared views on implications of the COP-15 for Hong Kong and the region.

HSBC's Teresa Au expected that a global deal would provide guidelines for the territory and send signals to business that will facilitate the financing and development of low carbon solutions. Cathay Pacific Airways' Tony Tyler and Hong Kong Shipowners Association's Arthur Bowring called for a single, global standard to monitor them.

There was hope across the board that COP15 would yield results, though many felt they would fall short of being substantial.

Looking toward a global deal on climate change

On the final day, the focus turned to the Pearl River Delta (PRD) Region, the realities of a low carbon economy, and the expectations for Copenhagen. The PRD Region is playing a leading role in China's development of the low carbon economy in manufacturing, financing, R&D and business innovation. It is creating new business opportunities and growing low carbon sectors, and also increasing the pressure for inefficient or carbon intensive businesses to reform. Business leaders from HSBC, CLP and Cathay Pacific Airways shared views on implications of the COP-15 for Hong Kong and the region. HSBC's Teresa Au expected that a global deal would provide guidelines for the territory and send signals to business that will facilitate the financing and development of low carbon solutions. Cathay Pacific Airways' Tony Tyler and Hong Kong Shipowners Association's Arthur Bowring called for a single, global standard to monitor them. From the host country of COP-15, Dr. Ole Odgaard of Denmark's Ministry of Climate and Energy emphasized the opportunities of a low-carbon economy, explaining how Denmark's transition from fossil fuel to renewable energies had strengthened economic growth. There was common consensus throughout the meeting that climate change must be addressed - and that it requires a combined efforts from political and business leaders. Likewise, participants throughout the sessions agreed that clear policy framework and action plans are crucial for businesses and for investors to assess opportunities and risks. There was hope across the board that COP15 would yield results, though many felt they would fall short of being substantial.

Business leaders from HSBC, CLP and Cathay Pacific Airways shared views on implications of the COP-15 for Hong Kong and the region. HSBC's Teresa Au expected that a global deal would provide guidelines for the territory and send signals to business that will facilitate the financing and development of low carbon solutions. Cathay Pacific Airways' Tony Tyler and Hong Kong Shipowners Association's Arthur Bowring called for a single, global standard to monitor them. From the host country of COP-15, Dr. Ole Odgaard of Denmark's Ministry of Climate and Energy emphasized the opportunities of a low-carbon economy, explaining how Denmark's transition from fossil fuel to renewable energies had strengthened economic growth. There was common consensus throughout the meeting that climate change must be addressed - and that it requires a combined efforts from political and business leaders. Likewise, participants throughout the sessions agreed that clear policy framework and action plans are crucial for businesses and for investors to assess opportunities and risks. There was hope across the board that COP15 would yield results, though many felt they would fall short of being substantial.

From the host country of COP-15, Dr. Ole Odgaard of Denmark's Ministry of Climate and Energy emphasized the opportunities of a low-carbon economy, explaining how Denmark's transition from fossil fuel to renewable energies had strengthened economic growth.

There was common consensus throughout the meeting that climate change must be addressed - and that it requires a combined efforts from political and business leaders. Likewise, participants throughout the sessions agreed that clear policy framework and action plans are crucial for businesses and for investors to assess opportunities and risks.

October 2014

M T W T F S S
- - 1 2 3 4 5
6 7 8 9Shining a Light on Rural Energy Enterprise 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 - -

November 2014

M T W T F S S
- - 1 2 3 4 5
6 7 8 9Shining a Light on Rural Energy Enterprise 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 - -

Latest from Twitter