Under the project “Developing Hong Kong as a Global Green Finance Centre”, supported by the Theme-based Research Scheme (TRS) 2021/22 of the Research Grants Council (RGC) of the Hong Kong Government (project no. T31-603/21-N), our study comprises a series of cohesive studies that address fundamental research questions, including:
- The Impacts of Environmental Risks on Financial Markets and Financial Decisions
- Climate Risk Modeling and Derivative Products
- The Financing of Green Infrastructure Projects
- Enabling Technologies of Green Finance
- Talent Capacity Building and Talent Development
- The Effectiveness of Policy and Regulatory Instruments in Developing Green Finance in Hong Kong
In this video, the team from Sub-task 4.1 showcases the development of a blockchain-based carbon information management system for the construction industry, starting with one of its most carbon-intensive materials: concrete. In collaboration with industry partners, and with the use of blockchain technology, the team is creating a secure, transparent, and tamper-proof system to track, account for, and report upfront carbon emissions across the construction supply chain, facilitating credible net-zero claims and driving climate action.