HKGFA is honored to receiving the IFF 2020 Global Green Finance Award on December 3–5 during the the International Finance Forum (IFF) 2021 Annual Meetings in Guangzhou, China.
HKGFA, is a platform created to mobilize private sector resources and talents to assist the government in developing green finance policies and to promote the adoption of best practices in green finance, which includes green credit, green bonds, green insurance, and ESG investment.
A specific goal of the Association is to provide greater access and opportunities for Hong Kong’s financial institutions to participate in green financing transactions locally, in mainland China and in markets along the Belt & Road. This will serve to position Hong Kong as a leading international green finance hub, in line with the Hong Kong S.A.R government’s strategy, and the global trend of implementing the UN sustainable development goals, and the Paris Agreement.
The International Finance Forum (IFF), known as the F20 (Finance 20), upholds the spirit of “Comprehensive and sustainable development – New capital, new value, and new world”. It initiated the first Global Green Finance Award in 2020. Leveraging on global networks and platforms, IFF is committed to establishing partnerships worldwide via exchanges and dialogue with governments, enterprises and the civil society, to promote the development of green finance and foster green growth. Through research and demonstration , innovative green finance projects will foster green recovery in the post-pandemic era, thus contributing to green growth and realization of SDGs.
The award was highly rated by the United Nations and a lot of other international organizations. HKGFA will continue our work to actively promote and support green and sustainable finance developments in Hong Kong and the Greater Bay Area working with our members and partners.