The world’s top-polluting nation just promised to reach net-zero emissions before 2060. Less than an hour after U.S. President Donald Trump took to the virtual floor of the United Nations General Assembly and slammed China for its environmental record, China’s President Xi Jinping stunned the climate community by pledging that it would become carbon neutral…
The article is only available in Chinese, please read the full passage through the link below. Link to Full Chinese Article Source: Green Finance Committee, China Society for Finance and Banking
Secretary for Financial Services and the Treasury of the Government of the Hong Kong Special Administrative Region, Mr. Christopher Hui Ching-yu, mentioned in his blog on 30 August the importance of Sustainable Finance and ESG as a trend in the coming development of Hong Kong. 在2019冠狀病毒病疫情肆虐全球的今天﹐我們的生活和工作模式都經歷巨變﹐而這些改變很可能是長期而不會逆轉的。以線上購物和遙距工作為例﹐大家都已經習以為常﹐甚至開始享受其帶來的便利。而在金融市場發展方面﹐疫情同樣促成很多轉變。投資者要獲得更好回報﹐企業要找到更廣泛的融資來源﹐都需要調整其策略及行動﹐為疫後的新常態做好準備。其中﹐我認為可持續金融 (Sustainable Finance) 和環境、社會及管治 (Environmental, Social and Governance “ESG”) 要素將是一個不可忽視的新趨勢﹐漸漸從一個新興機會演化成市場的投融資主題。你對此或已略有所聞﹐但心中可能還有不少疑問。以下讓我嘗試回答。…
To support Hong Kong in harnessing the opportunities in the Belt and Road region, the Belt and Road Office Commerce and Economic Development Bureau published the first edition of Belt and Road Office (BRO)’s Newsletter in August. Read the Full Newsletter: LINK The commissioner of the BRO remarked in the newsletter that B&RI is a…
The Hong Kong Economic Journal (HKEJ) published their first Chinese Featured Article in their ESG Article Series: ‘ESG – Master the Future Now – Regulation Edition’ (「ESG-現在掌握未來」– 監管篇) on 27 July 2020 (Monday) interviewing Mr. Christopher Hui, Secretary for Financial Services and the Treasury at the Government of the HKSAR, and Mr. Stephen Wong, Deputy…
The Environment Bureau has implemented the Green Employment Scheme: Graduates Subsidy Programme to subsidise private companies and suitable organisations to employ 2019 or 2020 graduates working in areas related to environmental protection, ecological conservation, green energy and energy conservation, climate change, sustainable development and more. The application has begun on 26 June 2020 and would…
Hong Kong Exchanges and Clearing Limited (HKEX) announced the upcoming launch of the HKEX Sustainable and Green Exchange (STAGE), where Hong Kong Green Finance Association is proudly supporting as a key partner and our Green Bond Working Group will be working closely with HKEX to deliver this important milestone for the Green and Sustainable Finance…
A long-awaited China Green Bond Endorsed Project Catalogue (2020 version) is out for public consultation! Dr. Ma Jun, Chairman and President of HKGFA, commented: the removal of utilisation of clean fossil fuel based energy in the Catalogue 2020 demonstrated China’s action in tackling climate change issue while pursuing pollution control and efficient utilisation of natural resources, which is…
Secretary for Financial Services and the Treasury of the Government of the Hong Kong Special Administrative Region, Mr. Christopher Hui Ching-yu, mentioned in his blog on 17 May the support of Mandatory Provident Fund Schemes Authority (MPFA) on green finance. He highlighted the goal of contributing to environmental protection while seeking investment returns. 今年踏入強積金制度實施二十年，這二十年來，強積金擔當着為打工仔提供基本退休保障的角色。政府與積金局過去一直致力優化強積金制度，使它更切合一眾打工仔的需要。目前，四分之三的打工仔是被納入強積金的保障範圍；而截至三月底，強積金的總資產已累積至約8,600億港元，大概相等於政府財政儲備的八成，絕對是一筆重要的資產。 展望未來，其實強積金除了提供退休保障，也與我們鞏固香港作為國際金融中心的工作息息相關，甚至可以說是相輔相成。 …
A financial support guideline for the development of the Guangdong-Hong Kong-Macao Greater Bay Area has been issued by the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange. One of the major measures in the guideline is to facilitate the collaboration…
