Financial Secretary Paul Chan on Thursday said that the practice of diversifying energy supplies is vital to Hong Kong's carbon reduction goals, and national security. Speaking at the Hong Kong Climate Week 2026, Chan pointed out that energy diversification is also critical to "the resilience and even survival of countries and economies". "This imperative will only intensify in the age of AI, where power supply is fast becoming one of the most precious resources," he added. Chan explained that this is why the transition to low carbon energy is set to gain greater urgency, noting the nation is at the forefront of this process. He noted that the SAR is ready to contribute to the nation's development plan, adding that "on green finance, Hong Kong continues to be leading the region as a green and sustainable finance hub". Chan said he believes the SAR can leverage its unique advantages as an international financial centre and a rising global innovation and technology hub. Edited by Aaron Tam
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