Leading global financial centre and the indispensable gateway in connecting Mainland China and global markets
HONG KONG:
TURNING YOUR SUSTAINABILITY GOALS INTO ACTION
TURNING YOUR SUSTAINABILITY GOALS INTO ACTION
EXPLORE
OUR STRENGTHS
IN SUSTAINABLE FINANCE
1) WORLD LEADER IN FINANCING
SUSTAINABLE GROWTH & TRANSITION
IN CHINA, ASIA AND GLOBALLY
Sharp Island, Hong Kong
(Photo from the Agriculture, Fisheries and Conservation Department)
(Photo from the Agriculture, Fisheries and Conservation Department)
The Gateway to China’s green and low-carbon opportunities amounting to trillions of RMB
The Green Finance Centre in China’s fast-growing Guangdong-Hong Kong-Macao Greater Bay Area
2) VIBRANT AND DIVERSE
SUSTAINABLE FINANCE MARKET
Chinese white dolphins, Hong Kong
(Photo from the Agriculture, Fisheries and Conservation Department)
(Photo from the Agriculture, Fisheries and Conservation Department)
The largest hub for arranging green and sustainable bonds from Asia, capturing more than one-third of the market
Wide range of products and services at Hong Kong’s Sustainable and Green Exchange and Core Climate, the international carbon marketplace
219 authorised ESG funds with AUM US$169.6 billion
3) WORLD-CLASS REGULATION
TO TACKLE CLIMATE RISK,
SAFEGUARD FINANCIAL STABILITY
AND COMBAT GREENWASHING
East Dam, Hong Kong UNESCO Global Geopark
(Photo from the Agriculture, Fisheries and Conservation Department)
(Photo from the Agriculture, Fisheries and Conservation Department)
Embedding climate considerations into banking supervisory processes and accelerating banks’ efforts in supporting the transition to a low-carbon economy
~1000 fund managers are required to consider climate-related risks in investment, risk management and disclosure processes
85% listed companies acknowledged the importance of climate risks and disclose against TCFD-aligned requirements
4) DATA AND TECHNOLOGY
FOR TRANSITION
Floating solar power system in Shek Pik Reservoir, Hong Kong
(Photo from the Water Supplies Department)
(Photo from the Water Supplies Department)
We collaborate with CDP on data to facilitate sustainability reporting
We support the use of technologies such as big data, AI and blockchain to develop sustainable finance
Created greenhouse gas emissions calculation and estimation tools to support companies’ low-carbon transition
5) OPPORTUNITIES FOR
PUBLIC PRIVATE CO-CREATION
OF A SUSTAINABLE FUTURE
T·PARK waste-to-energy facility, Hong Kong
(Photo from the Environmental Protection Department)
(Photo from the Environmental Protection Department)
HK$200 million earmarked funding for training and talent development under the Pilot Green and Sustainable Finance Capacity Building Support Scheme
HK$200 billion Government Green Bond Programme to support government green projects
Government subsidies on bond issuance and external review services under the Green and Sustainable Finance Grant Scheme
Last update : 20 February 2024
