Hong Kong University Business School World 1st Academic Partner; Joint Project to Develop New Green Finance Programme
What’s it all about?
Climate Bonds Initiative (CBI) and Faculty of Business and Economics, The University of Hong Kong (HKU Business School) have reached consensus on joining hands to provide training on green finance for students in Asia.
This first ever academic collaboration between CBI and one of the world’s leading academic institutions was announced at a press conference in Hong Kong today. This announcement marks a joint commitment of both parties in bringing green finance education to young talents.
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In an additional development, HKU Business School has also joined Climate Bonds Partners Programme, becoming the first CBI Partner in Hong Kong and the first academic partner in the world with whom CBI is developing a programme specific to green bonds which will be included in the academic curriculum.
Collaboration between CBI and HKU Business School consists of the following elements:
- Introducing green finance to the Undergraduate Curriculum of HKU Business School
- Offering Internship Programmes for students of HKU Business School
- Undertaking joint events to promote green finance
Who’s saying what?
Prof. Hongbin Cai, Dean, HKU Business School:
“HKU Business School and the University are at the forefront of promoting awareness of climate change and taking actions against a worsening climate. We are consciously incorporating important issues related to climate change, ethics, and leadership into our teaching, research, and knowledge exchange programmes. In the past few years, we have held large activities on campus to discuss environmental and climate issues including corporate social responsibility and green bonds.”
“Leveraging the strength and network of CBI, an international and authoritative non-profit organisation that mobilises green bond markets, we plan to offer new courses to undergraduate students to increase their understanding and contribution to this area. We believe the collaboration will help nurturing business talents with global perspective, not only in the financial and business arenas, but also in sustainable development of the world.”
Sean Kidney, CEO, Climate Bonds Initiative:
“In recent years, we have seen extreme weather conditions occurring in Asia and the rest of the world consistent with the scientific predictions. Sadly, we have lost the initial battle, to avoid climate change. Lying ahead of us is the next battle - to stop runaway climate change with its catastrophic impacts. This is the battle that the younger generations will be called forth to fight in the coming decades.”
“The HKU Business School is looking to the future in educating prospective leaders in the region on the importance of mitigation, adaptation and climate-resilience. Harnessing green capital, building knowledge and skills around green finance is crucial to mobilising the public and private investment required to meet the urgent climate challenge we all face.”
The last word
Under the Memorandum of Understanding (MoU) agreed between the two organisations, CBI and HKU Business School will work together and raise awareness in the Asian region on the wider agenda of achieving a low-carbon and climate-resilient economy, and also, complement the work of the Hong Kong government in filling the local talent gap.
It's a world first project. We welcome this new education and training opportunity and HKU Business School to our Partner Program.
‘Till next time,
Climate Bonds.
