For the urban coastal city of Hong Kong, typhoons are a regular occurrence from May to October. Consequently, Hong Kong’s infrastructure is designed to cope with the strong winds, floods, and storm surges they bring. Recently, however, the territory experienced two powerful storms in consecutive years. In 2017, Super Typhoon Hato struck the region, and in the following year, the city witnessed Super Typhoon Mangkhut, the strongest typhoon since 1983. But Hong Kong suffered lower economic losses from both storms when compared with the neighboring Guangdong region and the city of Macau, thanks partly to its well-coordinated response and resilient infrastructure.
On 28 July 2021, UNDRR GETI together with the World Bank, the European Investment Bank, and the Global Covenant of Mayors for Climate and Energy (GCoM) conducted a webinar session on the City Climate Finance Gap Fund (Gap Fund). The session was part of