Fintech RE: The benefits and challenges of digital financing for decentralised and distributed renewables in Hong Kong

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This seminar will explore the innovative concept of fintech RE in the context of Hong Kong, a global financial centre striving to become a hub for green finance. Fintech RE refers to the digital financing of decentralised and distributed renewables, such as solar photovoltaic or wind installations with storage in homes or buildings, through peer-to-peer trading in a blockchain ecosystem. The seminar will examine expert perceptions from three divergent industries - energy, digital technology, and finance - on the impacts of this emergent innovation on Hong Kong and their respective industries. While fintech RE presents potential benefits, such as new opportunities for citizen participation in energy transition, new jobs, and contribution to decarbonisation, it also presents challenges to the territory’s electricity market arrangement, spatial issues with scaling and speeding up energy transition in a dense environment, and attendant emission pitfalls. The seminar will provide insights into the benefits and challenges of digital financing for decentralised and distributed renewables in Hong Kong, and its potential implications for the global financial centre.

The seminar will be moderated by Ms Rainbow Yi Hung Lam. 

This seminar is co-organized by IEMS and HKUST Division of Environment and Sustainability

About the speaker

Laurence Delina, an Assistant Professor of Environment and Sustainability at the Hong Kong University of Science and Technology, specialises in sustainable development with a focus on rapid mitigation of climate change, accelerating sustainable and just energy transitions, and adaptation and resilience of vulnerable populations to climate extremes. He has authored over fifty peer-reviewed journal articles and four books on these topics. Laurence serves as an associate editor for Energy Research & Social Science, PLOS Climate, and the Journal of Environmental Studies and Sciences. He has worked as a consultant on energy and climate issues for the United Nations, Oxfam, and Heinrich-Böll-Stiftung. Laurence has previously been a Rachel Carson Fellow and a Visiting Fellow at Harvard Kennedy School. He received his PhD from the University of New South Wales Sydney.

About the moderator

Rainbow Lam is an MPhil Student of Environmental, Science, Policy, and Management (ESPM) at the Hong Kong University of Science and Technology. Her research focuses on climate adaptation, adaptation finance, urban resilience, and inter-city collaboration. 

To attend the event

This is a mixed-mode event. You may choose to attend in person or via Zoom. 

To attend the event in person, please click here.   

To attend the event online, please register with Zoom

Notes

  1. Please note that this event may be recorded, and the complete or part of the video recording may be published on our social media channel after the event. 
  2. Please be informed of our bad weather policy which applies to all events we organize.  
  3. Please direct all your enquiries to iems@ust.hk .
  4. If you need assistance during the event, please send an email to iems@ust.hk . We apologize in advance for any delays in responding to your emails during the event, as we may have limited staff available to address them promptly.

 

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