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Green finance

‘We have been happy to learn from Hong Kong for our regulatory requirements,’ DFSA CEO Johnston says. Photo: Shutterstock

Exclusive | Dubai sees Hong Kong as benchmark as both hubs agree to promote green finance

Harmonising standards and regulations can help unlock more capital for climate-friendly projects in Asia and the Middle East, analyst says.

Harmonising standards and regulations can help unlock more capital for climate-friendly projects in Asia and the Middle East, analyst says

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Hong Kong, Dubai to boost efforts on sustainable finance as climate risk mount

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Hong Kong HK$50 billion Silver Bonds issue a ‘win-win investment’: Paul Chan

Nature-related disclosures inevitable as stakeholders demand actions: forum

In future, local companies may be asked by regulators about the impact of nature-related risks and opportunities on their operations.

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Nature-related disclosures may be inevitable for companies in Hong Kong. Photo: Sun Yeung

Opinion | Hong Kong should be on the front lines of climate finance

Hong Kong’s strides in green finance can provide great momentum for eco-friendly transitions with partners of the Belt and Road Initiative.

Hong Kong has strengths to aid sustainability goals in mainland China: survey

Hong Kong can provide intellectual support in terms of talent and guidance on capital flows, according to a research report on sustainability trends.

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China pledges support for green finance in dense, sprawling economic zone

Guidelines have been issued for green finance in China’s economic nerve centre as the country continues its journey to decarbonisation.

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China’s plan for its green transition involves the use of financial instruments to support clean energy infrastructure. Photo: AFP

Opinion | How Hong Kong can help businesses better contribute to biodiversity protection

Firms are realising the risks posed by climate inaction and seeing potential opportunities in integrating biodiversity into business models.

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Opinion | How Hong Kong can be a climate change superconnector

The city can take a two-pronged approach, accelerating local decarbonisation while helping finance the climate transition across Asia.

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China’s central bank to extend lending support for decarbonisation projects

The extension of the programme to 2027 comes as part of State Council guidelines to accelerate the low-carbon transition in the world’s second-largest economy.

A drone photo taken on August 8, 2024 shows the Xinghua Bay pilot wind farm in Fuqing City in southeast China’s Fujian Province. Photo: Xinhua

Exclusive | Hong Kong firms should tap Laos for logistics, green finance in ‘new era’: envoy

Consul General Ammala Saenchonghack says city leader’s ‘historic’ visit will put Laos on map for Hongkongers, both for holidays and investment.

Consul General Ammala Saenchonghack says Hong Kong’s experience as a financial hub can help attract and manage investments in the country. Photo: Jonathan Wong

MioTech seeks more partnerships to broaden ESG data services, grow market share

Asia’s biggest ESG data provider aims to form more regional partnerships with ratings and verification firms to broaden its services, just as regulatory demands are toughening across the world.

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Asian infrastructure bank’s chief looks to fund Asean climate projects

Asean nations need to ‘ramp up efforts to finance climate change mitigation and adaptation projects’, Jin Liqun says.

Letters | Singapore shows how finance sector can best tackle climate risk

Readers discuss why Hong Kong should pay attention to Singapore’s climate transition approach, physical education, the JoyYou transport subsidy scheme, and Kamala Harris.

A truck unloads coal in Tondo, Manila. Investments in fossil fuels and other climate-related industries could pose significant risks to banks and insurers in the event of an abrupt transition to meet climate change goals. Photo: Reuters

Towngas enlists HSBC, vendors in its efforts to cut supply-chain emissions

Towngas will extend advance payments to suppliers with a lower interest rate through its tie-up with HSBC, provided they can meet the company’s ESG standards.

Towngas is taking efforts to reduce its supply chain emissions. Photo: Handout

Letters | How the UN can spark corporate action on sustainable development goals

Readers discuss the need for clarity on what is expected of businesses in relation to the SDGs, and Chinese women’s indomitable spirit in the face of life’s challenges.

China’s extreme weather raises alarm about its disaster insurance gaps

China’s insurers need more financial tools to mitigate risks from the economic damage wreaked by the growing number of droughts, floods and landslides across the country.

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Hong Kong raises US$3.2 billion via multicurrency green bond

Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish itself as a sustainable finance hub.

Proceeds raised will be used to finance projects that provide environmental benefits and support sustainable development, the HKMA said. Photo: Getty Images

Opinion | Developing nations suffer for rich world’s climate complacency

If leading central banks can grow their balance sheets by billions of dollars during the pandemic, they can do the same to fight climate change.

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The View | Financiers can be Hong Kong’s superpower in biodiversity ambitions

New-found interest of financial professionals and corporate leaders in conservation is welcome surprise as city updates biodiversity strategy.

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Indonesia gets ‘wake-up call’ to step up sustainability in nickel industry

The cancelled project has also weighed on Indonesia’s efforts to diversify nickel investments beyond China.

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Environmental activists hold posters that say “stop buying Indonesia’s dirty nickel” and “Indonesia has become a sacrifice zone for the electric vehicle industry”, at a critical minerals conference venue in Jakarta. Photo: AFP

China offers SMEs boost with 3-year action plan to lift government purchases

Various levels of governments have been urged to boost purchases from small and medium-sized enterprises, which are the backbone of China’s economy.

The State Council action plan mandated the use of green building materials in government construction projects, including hospitals, schools, office buildings, exhibition halls and subsidised housing. Photo: Xinhua

Open questions | 3 mega economic trends for China and the world, EU economist says

European economist Rolf Strauch touches on climate change, demographic, geoeconomic fragmentation and financial challenges for the global economy.

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Hong Kong’s hydrogen economy may need a bigger push, advocates say

In the last of a four-part series, Eric Ng and Martin Choi look at efforts to ignite a local hydrogen economy in Hong Kong.

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Explainer | What is the HKIC and why is it important for Hong Kong’s economic development?

The HKIC will use its initial corpus of HK$62 billion (US$8 billion) to support innovative start-ups, enhance economic growth and generate returns for the government.

Chief Executive John Lee delivers a video message during the strategic partnership signing ceremony between Hong Kong Investment Corporation and Smartmore on June 12. Photo: Sun Yeung

Hong Kong to host city’s largest Asia-focused green finance training event

Empowering Sustainability Prosperity in Asia will focus on fostering the low-carbon transition in southeast, central, and east Asia.

Commercial buildings stand on Hong Kong Island in a 2022 file photo. Photo: Yik Yeung-man

China climate-focused funds saw higher inflows, but fewer launches last year

Climate-focused funds in China saw a decline in assets and product launches last year despite an uptick in inflows, with the funds prone to huge volatility because of speculative trading, according to Morningstar.

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JPMorgan pushes framework for capital seekers to make sustainability commitments

A draft disclosure framework aims to help capital seekers attract money to plug a severe funding gap for the UN’s 2030 development goals, especially in emerging markets.

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Green finance
Latest news, analysis and commentary about the provision by financial institutions of credits, loans and equity financing towards the construction of environmentally sustainable projects and business activities.
last updated:
9 September, 2024
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