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1、Carbon Added Cost(C-AC)and Carbon Net Zero Viability(C-NZV)proposals for consideration byISSB and other standard settersMarket Mechanisms which accelerate decarbonisation ofProducts(Goods&Services)J Robert Gibson March 2023Robert Allender,EnergyUse Strategy AdvisorsGlenn Frommer,ESG MattersLisa Gena
2、sci,ADM Capital FoundationPindar Wong,VeriFi(Hong Kong)LtdWe would like to express our gratitude to colleagues who provided timely and helpfuladvice,support,and assistance during the preparation of this publication.Specialthanks goes to the following individuals and organisations for providing input
3、 andreviewing the drafts of this paper:We are grateful to Ivy Yeung for providing administrative and design support.ACKNOWLEDGEMENTSABOUT CIVIC EXCHANGE Civic Exchange is an independent Hong Kong public-policy think tank established in 2000with a vision to shape a liveable and sustainable Hong Kong.
4、Its mission is to engage societyand influence public policy through in-depth research,dialogue,and the development ofpractical solutions.With research covering four areas environmental,economic,social,and governance Civic Exchange has been ranked among the top 50 environmental thinktanks in the worl
5、d by the Lauder Institute at the University of Pennsylvania since 2011.To read more,go to https:/civic-exchange.org/ABOUT HONG KONG 2050 IS NOW“Hong Kong 2050 Is Now”galvanises collective action in science,media,business and policytowards a carbon-neutral Hong Kong by 2050.This initiative of Civic E
6、xchange,WorldResources Institute,and the ADM Capital Foundation aims to build a broad-based collectiveplatform for driving action in Hong Kong in response to the 2018 Intergovernmental Panel onClimate Change(IPCC)report on Global Warming of 1.5C.According to that report,withouturgent,large-scale act