HKUST Annual Report 2021-2022

31 HKUST Annual Report 2021-2022 In another step to improve community health, the Institute for the Environment (IENV) team has been helping Hong Kong citizens monitor air quality and their exposure to pollution. First released in 2019, the PRAISE-HK personalized real-time air quality information app enables people to choose clean air routes by monitoring air pollution variation down to street level. Phase 2 (PRAISE-HK-EXP) was released in November 2021, offering an air pollution exposure tracker that provides a detailed account of users’ air pollution exposure risk budget accumulated throughout the day, including inside buildings, outdoors and different types of transportation. The tracker shows users when, where, and during what activity they receive the largest dose of air pollutants and offers suggestions on how they can reduce their exposure risks. FOSTERING FINTECH AND GREEN FINANCE LEADERSHIP Members of HKUST Business School conducted Hong Kong’s first in-depth fintech development study to point the way for the city’s evolution into a top international center in the area. The comprehensive, first-of-its-kind study takes reference from the experience of major global fintech hubs and outlines 10 opportunities that Hong Kong should leverage to enhance its own fintech capabilities. The study forms an integrated part of a four-year project examining the interplay between technology and financial services in the city. An HKUST- organized follow-up seminar on “Hong Kong’s Way Forward to Becoming a Leading Global Fintech Hub: An Industry Dialogue” explored strategy setting, innovation and talent building with government and industry players. The University is also actively boosting the city’s presence as a sustainable and green finance leader. To introduce the concepts and scope involved, HKUST Business School Dean TAM Kar-Yan spoke at a knowledge enrichment webinar on the subject, arranged by the Hong Kong Economic Journal and Education Bureau. The event was specially curated for over 170 high school principals and teachers to learn more about the challenges and opportunities for talents in the rapidly emerging sector.