Professors Darwin Choi, Gao Zhenyu, Jiang Wenxi and Jo Chanik, Department of Finance, CUHK Business School
HONG KONG SAR – Media OutReach – 13 July 2023 – We live in an era of the unprecedented and rapid warming of the global environment due to human activities. So far, global temperatures have already risen by 1.1 degrees Celsius above pre-industrial levels, and the world has also witnessed a rise in the number of extreme weather and climate events, particularly in 2022 which was dominated by headlines of heat waves in Europe, flooding in Australia and drought in China.