Exploring Private-led Adaptation Financing Opportunities in Hong Kong
Project Description
Examining private finance mobilisation for climate adaptation in Hong Kong has noteworthy implications for business practices and policymaking. This UROP will investigate the possibility of Hong Kong becoming a centre for private-led adaptation finance by utilising its proficiency in finance and professional services while developing its capabilities as an emerging green finance centre. The objective of this project is to understand the potential mechanisms for supporting adaptation finance and the obstacles that could impede this potential.
Supervisor
DELINA Laurence Laurencio
Quota
3
Course type
UROP1000
UROP1100
UROP2100
UROP3100
UROP3200
UROP4100
Applicant's Roles
The UROP students will conduct an extensive literature review of (1) the state of private finance mobilization for adaptation globally and in Hong Kong and its implications for business practices and policymaking, (2) the potential for Hong Kong to become a hub for private-led adaptation finance, (3) potential mechanisms for supporting adaptation finance, and (4) the challenges that could hinder this potential, and propose strategies to overcome these obstacles.
Applicant's Learning Objectives
1. Develop research skills by conducting a literature review on private finance mobilization for adaptation in Hong Kong, critically evaluating and synthesizing existing research to identify gaps and challenges.

2. Enhance understanding of private-led adaptation finance by exploring the possibility of Hong Kong becoming a centre for such financing, leveraging its proficiency in finance and professional services, and developing its capabilities as an emerging green finance centre.

3. Improve problem-solving skills by identifying and addressing the deficiencies in potential mechanisms for supporting adaptation finance and the obstacles that could impede Hong Kong;s potential and proposing strategies to overcome these obstacles

4. Hone communication skills by presenting research findings and proposed strategies for supporting private-led adaptation finance in Hong Kong to technical and non-technical audiences, demonstrating the ability to convey complex concepts in an effective and clear manner
Complexity of the project
Challenging