Financing Fossil Fuels: From Hong Kong Hallways to Haunted Homes

Walking along the streets of Central in Hong Kong, the banking district of a global financial centre, one would never think of the wide-reaching link that these grand hallways have on communities around the world. But they do.

According to the 2020 Banking on Climate Change Report, the world’s major financial firms have funnelled approximately $2.7 trillion US dollars into the extraction of fossil fuels from 2016 to 2019 since the adoption of the Paris Agreement. In 2019, data from the Climate Accountability Institute revealed that 20 fossil fuel companies are responsible for a third of all carbon emissions

Back to the streets of Hong Kong. Many of the banks responsible for funding the companies can be found here. In the past few years, several of them have made pledges to shift to more sustainable portfolios. However, words are cheap: Bank Track has found that “major global banks’ fossil financing has increased each year since Paris, and that even the best future-facing policies leave huge gaps.”

In this photo series, I take a visual exploration into the link between the hallways of investment, their recent activities, and the communities that they affect as a reminder of the real-life implications of fossil fuel investment in order to hold the major fossil fuel funders accountable.

To read the full article: visit Climate Tracker

Nü Voices

NüVoices is an international editorial collective gathering veteran and emerging writers, journalists, translators and artists to celebrate and support the diverse creative work of self-identified women working on the subject of China (broadly defined). More women are writing about China, doing business in China and generally doing interesting things in China than ever before, and they want more of their voices to be heard. Their includes a directory of more than 500 female experts on Greater China, a twice-monthly podcast regularly features women’s and minorities’ voices on a range of topical issues, and an online magazine that regularly publishes narrative essays, event reviews, articles, multimedia projects and other original content.

In January 2020, the Hong Kong Protests: Behind the Frontlines photo essay series was featured on their website, showcasing the ongoing pro-democracy and anti-police demonstrations that have engulfed the city since June 2019. Initially triggered by the introduction of a now-withdrawn extradition bill, the movement is rooted in a greater fear of the erosion of democratic freedoms in the semi-autonomous territory, with protesters rallying behind “Five Demands.” These demands call for an investigation into police brutality and misconduct, the release of arrested protestors, a complete retraction of the official characterization of the protests as “riots” (a charge that can carry a jail term of up to ten years), the resignation of Chief Executive Carrie Lam and the universal suffrage. The following imagines offer a glimpse into moments from behind the frontlines of the movement that has dominated international headlines now for over half a year.

Using Format