Across the border, neighbour Shenzhen has the world's first and largest fully electric bus fleets. But Hong Kong has not been able to ramp up EV deployment for its public transport system fast enough to solve the city's air pollution problem.
The rise of artificial intelligence (AI) and other technologies has driven the 'surging' growth of data centres in China, with associated increases in energy demand and emissions.
Experts say the bonds will attract international investment in China’s green transition, bringing private funding and boosting international climate cooperation.