Ben McQuhae, a former Jones Day partner, has launched a boutique law firm in Hong Kong. Ben McQuhae & Co will focus on supporting clients to build sustainable finance, and pledges to be a net-zero carbon law firm.
“We have seen national net zero carbon commitments in mainland China, Japan, Korea and elsewhere around the world,” McQuhae told Asia Business Law Journal.
“Since the Paris agreement, there’s been a huge amount of work that’s happening, much of which is behind the scenes … all over the world to promote sustainable finance. And sustainable finance is really a structure through which we’re going to pay for tackling climate risk.”
As trillions of dollars are required globally to tackle climate risks, and the public sector can only afford a small percentage of the overall cost, McQuhae said the only way to tackle global warming is through private sector finance, and he is keen to accelerate green investment.
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