CARE2022 Hong Kong Conference

35 4 Nexus between Mitigation and Adaptation • Designing and hosting cross-cutting deliberations that can handle complexity, especially about gaps and trade-offs. Government planning perspective PlanD summarized the HKSAR Government’s long-term conceptual spatial framework formulated under the Hong Kong 2030+ : Towards a Hong Kong Planning Vision and Strategy Transcending 2030 alongside the goals and timelines set out in Hong Kong’s Climate Action Plan 2050. The framework mainly covers radiates two metropolises and two development axes on the eastern and western sides of Hong Kong (Figure 4.1).1 The framework and relevant development plans are wellpublicised and need not be discussed here, except to note that the overall planning vision is for Hong Kong to be a “ liveable, competitive, and sustainable Asia’s world city” that “champions sustainable development” through “enhancing liveability in a compact high density city, embracing new economic opportunities and challenges, and creating capacity for sustainable growth”. Climate transition - transport, energy, green-tech, and banking Rail is the backbone of Hong Kong’s transport system. As the HKSAR Government continues with various large scale development projects, the rail operator (MTR Corporation) works closely with the authorities on the expansion of the rail network. MTR Corporation has a corporate carbon reduction roadmap that aligns with the Paris Agreement,2 and it will work with its supply chain (many of which are SMEs) FIGURE 4.1 PlanD’s conceptual spatial framework Kim Wai Ng, PlanD