HONG KONG – The Hong Kong Monetary Authority and the Dubai Financial Services Authority will co-host the Joint Climate Finance Conference in Hong Kong on Sept 16.

This comes as many countries in Asia and the Middle East share a common challenge to reduce dependence on fossil fuels and shift to renewable energy and a more sustainable growth model along the path to net zero.

The conference aims to provide a platform for stakeholders from Asia and the Middle East to exchange views on financing needs for this transition, explore business opportunities and promote closer cooperation between Hong Kong and Dubai markets.

Unemployment statistics

Hong Kong’s Census and Statistics Department will release the statistics on the city’s unemployment and underemployment for June to August 2024 on Sept 19. The data will offer a glimpse into Hong Kong’s job market, a gauge of economic situation.

The seasonally adjusted unemployment rate stayed low at 3.0 percent in May to July 2024, same as April to June 2024. The underemployment rate also remained unchanged at 1.2 percent.