Hong Kong S.A.R’s Chief Executive the Hon Mrs Carrie Lam Cheng Yuet-ngor, Deputy Director of the Liaison Office of the Central Government Qiu Hong, Chairman of Hong Kong Exchanges and Clearing Limited and Honorary Advisor of HKGFA the Hon Laura M Cha and HKGFA chairman and president, member of the HK Financial Services Development Council, and Co-Chair of the G20 Green Finance Study Group Dr. Ma Jun took part in the launch ceremony as the officiating guests.
2018 Hong Kong Green Finance Forum & Launch Of Hong Kong Green Finance Association (HKGFA)
“As Hong Kong is building momentum on green finance, we are glad to see the proactive initiative from over 90 market practitioners and business front-runners in launching the Hong Kong Green Finance Association. The establishment of the Association marks another milestone in the development of Hong Kong as a green finance hub. It signifies the depth of our market for green finance and industry’s commitment to putting Hong Kong on the world map as a green finance capital. Rest assured, my Government will support the Association and other local professional bodies in their work, including in their collaboration with overseas counterparts in the promotion of green finance.”
“Hong Kong possesses every element in its role as a ‘super-connector’ for green finance. ”She commented, “Green finance is different from traditional financial products as its proceeds are required to be invested into green projects. Therefore, certifying the environmental elements in green financial products is crucial task. ” She also addressed that “It is my hope that the launch of HKGFA will drive more public awareness and increase market interest in green finance, which will provide many attractive financial opportunities for Hong Kong.”
“Green finance has become the major trend in the development of the global financial sector. Hong Kong has the obligation and capability to contribute and promote the development of green finance. Hong Kong Green Finance Association will aim to establish Hong Kong as a leading international green finance hub and serve as an important platform for green financing among China and markets along the Belt & Road.”