The arrangements for the implementation of clean development mechanism projects in Hong Kong have come into effect, the Environmental Protection Department says.
They cover the process and procedures for Hong Kong companies to collaborate with foreign institutions to conduct clean development mechanism projects in the city.
The projects will help reduce Hong Kong's greenhouse gas emissions and support sustainable development.
Arrangement details
Companies incorporated or established according to the Companies Ordinance or other local legislation and that hold a valid Business Registration Certificate, can implement clean development mechanism projects within the city.
Any application, reports and supporting information provided by project owners should be submitted through the department. They will be forwarded to the National Development & Reform Commission.
The commission will entrust organisations for expert review of the project application and submit those applications the experts approved to the National Clean Development Mechanism Board.
Other procedures and approvals required for the construction projects will be processed in accordance with Hong Kong's statutory requirements.
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