The Hong Kong Monetary Authority (HKMA) is keen to make its green taxonomy framework mandatory for the banking sector to support the development of sustainable financing in the city. Hong …
Hong Kong can do more to help finance the transition of high-emitting sectors and heavy-polluting industries to more sustainable business activities as a hub for the region, Financial Secretary Paul …
Such guidance is necessary to promote lending for climate-transition plans. But the profusion of guidance from multiple governments is also a possible source of conflicting information. Hong Kong green fintech …
“A taxonomy is very important for transition financing, so that banks have a common standard to follow in terms of the issuance of bonds and loans.” Transition finance refers to …