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Workshop on Climate Risk, Sustainability, and Real Estate

Thursday, March 26 | 7:00am – 5:00pm


Join global thought leaders at the forefront of climate economics for the Workshop on Climate Risk, Sustainability, and Real Estate—an immersive, full‑day event hosted by the Hong Kong University of Science and Technology (HKUST) and the Wisconsin School of Business (WSB). Featuring cutting‑edge research on green finance, climate‑risk disclosure, extreme weather resilience, and technology‑driven sustainability, this workshop brings together top scholars to spark new ideas and shape the future of sustainable development. With dynamic presentations, expert commentary, and rich networking opportunities, this is a premier gathering for anyone committed to understanding and advancing the economics of a changing climate.

Register by March 18

Location

HKUST Business School Central
Rm 1501-02, 15/F Hong Kong Club Building, 3A Chater Road

Agenda

7:00 a.m. | Registration opens

7:30 a.m. | Continental breakfast

8:00 a.m. | Opening remarks
Vallabh Sambamurthy, Albert O. Nicholas Dean, Wisconsin School of Business
Frederik Anseel, Dean, Hong Kong University of Science and Technology Business School
Introduced by Lu Han, Wisconsin School of Business

8:10 a.m. | Session 1: Green Finance, ESG, and Capital Markets
Chair: Chu Zhang, Hong Kong University of Science and Technology

Deciphering Green Preferences and Climate Risk Perceptions: An NLP Approach
Darwin Choi, Hong Kong University of Science and Technology
Zhenyu Guo, Chinese University of Hong Kong
Wenxi Jiang, Chinese University of Hong Kong
Yutong Yan, Chinese University of Hong Kong
Hulai Zhang, Fudan University
Commentator: Jay Cao, Hong Kong Polytechnic University

Is Greenium a Reflection of Inflation Risk?
Zhenyu Guo, Chinese University of Hong Kong
Yuyi He, Chinese University of Hong Kong
Chanik Jo, Chinese University of Hong Kong
Commentator: Yang Liu, University of Hong Kong

Power Up Consumption: Impact of Electric Vehicle Infrastructure on Household Finance
Sumit Agarwal, National University of Singapore
Yi Fan, National University of Singapore
Qiuxia Gao, National University of Singapore
Commentator: Robin Kaiji Gong, Hong Kong University of Science and Technology

The Effect of ESG Performance on REIT Liquidity
Jie Cao, Hong Kong Polytechnic University
Yaoyong Jia, China Commercial Real Estate Alliance
Fangyuan Li, Fudan University
Xintong Zhan, Fudan University
Commentator: Shengwei Guo, University of Hong Kong

9:50 a.m. | Break

10:15 a.m. | Green Transitions: Disclosing, Pricing, and Insuring Climate Risk
Chair: Justin Sydnor, Wisconsin School of Business

Climate Shocks and the Chinese Local Government Debt Crisis: Floods, Borrowing Behavior, and Fiscal Stress
Yongheng Deng, Wisconsin School of Business
Lina Meng, Xiamen University
Commentator: Ling Cen, Chinese University of Hong Kong

Who Bears the Costs of Climate Change? Evidence from Catastrophes and Homeowners Insurance
Lin Tang, University of Hong Kong
Commentator: Tyler Leverty, Wisconsin School of Business

From Promotion to Practice: How Does ESG Disclosure Policy Shape Tangible Green Investments
Ying Fan, Hong Kong Polytechnic University
Hengtai Yu, Hong Kong Polytechnic University
Commentator: Liuming Yang, Chinese University of Hong Kong

From Efficiency to Excess: The Unintended Consequences of Green Premiums on Utility Use
Sumit Agarwal, National University of Singapore
Eduardo Araral, National University of Singapore
Mingxuan Fan, National University of Singapore
Huanhuan Zheng, National University of Singapore
Commentator: Wen Wang, Hong Kong University of Science and Technology

11:55 a.m. | Lunch and short presentations by Division of Environment and Sustainability, Hong Kong University of Science and Technology
Jiayue (Joanne) Huang (12:10–12:25 p.m.)
Keith Chan (12:25–12:45 p.m.)

1:00 p.m. | Session 3: Extreme Weather, Urban Infrastructure, and Economic Resilience
Chair: Abdullah Yavas, Wisconsin School of Business

Heat, Cold, and Housing Supply: Evidence from Building Permits
Jingdong Pang, Wuhan University
Desmond Tsang, Chinese University of Hong Kong
Erkan Yonder, Concordia University
Yiyi Zhao, Chinese University of Hong Kong
Commentator: Betty Wang, University of Hong Kong

Evaluating the Impacts of Climate Shocks on Power Outage Through Energy Transition
Yatang Lin, Hong Kong University of Science and Technology
Lin Yang, Hong Kong University of Science and Technology, Guangzhou
Xuan Zhu, Hong Kong University of Science and Technology, Guangzhou
Commentator: Ying Chen, Xiamen University

The Price of Heat: Impacts of Microclimate on Household Wealth
Wenlan Qian, National University of Singapore
Chao Yuan, National University of Singapore
Changwei Zhan, University of Hong Kong
Liqing Zhang, National University of Singapore
Commentator: Changhyun Ahn, Chinese University of Hong Kong

Long-Run Climate Consequences of Land Development
Congyan Han, Shanghai University of Finance and Economics
Lu Han, Wisconsin School of Business
Chris Timmins, Wisconsin School of Business
Vincent Yao, Georgia State University
Commentator: Lina Meng, Xiamen University

2:40 p.m. | Break

3:05 p.m. | Session 4: Green Technology, Digital Platforms and Sustainable Development
Chair: Lu Han, Wisconsin School of Business

Tech-Driven Comparative Advantage: Evidence from Solar Expansion in China
Hanming Fang, University of Pennsylvania
Ming Li, Chinese University of Hong Kong, Shenzhen
Yang Yang, Chinese University of Hong Kong
Commentator: Yizhen Gu, HSBC Business School, Peking University

Digital Platforms as Catalysts for Green Premium: Evidence from the Hotel Sector
Jinze Cao, National University of Singapore
Ruochen Dai, Central University of Finance and Economics
Mingxuan Fan, National University of Singapore
Dongmei Guo, Central University of Finance and Economics
Yu Qin, National University of Singapore
Commentator: Robert Li, Chinese University of Hong Kong

Urban Commuting: Travel Aversion and Location Adaptability
Yizhen Gu, HSBC Business School, Peking University
Kangkai Wang, University of Hong Kong Business School
Zhi Wang, Guanghua School of Management, Peking University
Qinghua Zhang, Guanghua School of Management, Peking University
Commentator: Rachel Sun, University of Hong Kong

Farmland Regulation, Structural Change, and Agricultural Development: Evidence from Chongqing Land Coupon Reform
Yameng Fan, University of Hong Kong
Commentator: Zhang Chen, Hong Kong University of Science and Technology

4:45 p.m. | Adjourn and networking

Suggested Hotels Nearby

Attendees are welcome to stay at any hotel of their choice, but the following options are conveniently located near the venue:

Early booking is strongly recommended, as several large events will be taking place in Hong Kong during these dates and accommodations may fill quickly.