This is welcome. However, as climate ambition becomes the norm, a more uncomfortable question comes into focus: how many of these commitments are grounded in a serious understanding of what decarbonisation actually entails?
What remains largely missing from Hong Kong’s climate conversation is analytical depth. Targets are plentiful; pathways are not. We talk often about goals, technologies and timelines, but far less about trade-offs, constraints and the hard arithmetic of emissions reduction.
What makes the report notable is its honesty. Rather than presenting net zero as a smooth or inevitable journey, it applies a bottom-up decarbonisation model to examine how emissions evolve under different scenarios, assumptions and growth trajectories through to 2050.
It tests possibilities rather than promising outcomes. In doing so, it surfaces several uncomfortable truths that the property sector should not ignore. Other sectors should also take note.
