香港特区经济面对气候变化的风险与展望

Hong Kong SAR’sEconomy in the Face ofClimate Change: Risksand Prospects Fozan Fareed SIP/2025/051 IMF Selected Issues Papers are prepared by IMF staff asbackground documentation for periodic consultations withmember countries.It is based on the information available atthe time it was completed on January 13, 2025. This paper isalso published separately as IMF Country Report No 25/16. 2025MAY IMF Selected Issues PaperAsia and Pacific Department Hong Kong SAR’s Economy in the Face of Climate Change: Risks and ProspectsPrepared by Fozan Fareed Authorized for distribution by Thomas HelblingMay2025 IMF Selected Issues Papersare prepared by IMF staff as background documentation for periodicconsultations with member countries.It is based on the information available at the time it wascompleted on January 13, 2025. This paper is also published separately as IMF Country Report No 25/16. ABSTRACT:Hong Kong SAR is facing ongoing challenges from climate change, with projections indicatingthat these issues will remain prevalent or even intensify in the future. In response, Hong Kong SAR hasembraced a comprehensive three-pronged climate strategy—the Climate Action Plan 2050—thatfocuses on mitigation, adaptation, and building resilience, and sets ambitious goals of reducing carbonemissions by 50 percent before 2035 and achieving carbon neutrality before 2050. Simultaneously,there is a concerted effort to bolster infrastructure and community resilience against natural disasters.Although significant strides have been made towards decarbonizing the economy and buildingresilience in the last few years, sustained action is pivotal to reach carbon neutrality, including byreducing emissions in hard-to-abate sectors and improving energy efficiency across industries. It wouldalso be crucial to continue strengthening resilience against extreme weather events, further integrateclimate into systemic risk analysis, and foster a green finance ecosystem. RECOMMENDED CITATION:: Fareed, Fozan. Hong Kong SAR’s Economy in the Face of ClimateChange: Risks and Prospects (SIP/2025/051). Washington, D.C.: International Monetary Fund. Hong Kong SAR’s Economy in theFace of Climate Change:Risks and Prospects Hong Kong SAR Prepared by Fozan Fareed1 ©International Monetary Fund. Not for Redistribution ©International Monetary Fund. Not for Redistribution ©International Monetary Fund. Not for Redistribution ©International Monetary Fund. Not for Redistribution ©International Monetary Fund. Not for Redistribution