In exploring the new developments in the EU- China Common Ground Taxonomy, HKGFA and the Greater Bay Area Green Finance Alliance co-organised the HKGFA Training Series – Advancing the Adoption of Common Ground Taxonomy | GBA-GFA Report Launch on 30th June 2022.
Our Chairman and President, Dr. Ma Jun, also the Co-chair of the IPSF Taxonomy Working Group, has introduced the importance, methodologies and updates of the CGT. Following by a deep dive of the methodologies and technical insights shared by Dr. Bolu Wang, Senior Fellow, The Center for Green Finance Research of Tsinghua University.
During the webinar, our Vice President and Secretary General, HKGFA; Managing Director, Head of Sustainable Capital Markets, Global Markets APAC, BNP Paribas, Ms. Chaoni Huang, also launched the report – CGT Research Series Phase 1: Principles for advancing the adoption of the Common Ground Taxonomy in Hong Kong SAR and the Greater Bay Area.
This Phase 1 report aims to provide the Hong Kong Green and Sustainable Finance Cross Agency Steering Group (CASG) with reflections of industry and expert opinions on the anticipated adoption of a local green classification framework based on the Common Ground Taxonomy (CGT). It also seeks to provide the pool of sustainable finance professionals with a broad overview of the practical and conceptual considerations and implications of climate taxonomies.
Dr. Ma also highlighted that the Phase 2 report with use case sharing will be launched in the 2022 GBA-GFA | HKGFA Annual Meetings Integrating Sustainable Finance in GBA and Beyond, to be held on 22nd September 2022 (Thur) at the Hong Kong Convention and Exhibition Centre.
Dr. MA Jun
- Chairman and President of HKGFA, Chairman of Green Finance Committee of China Society for Finance and Banking, Chairman of the Research Workstream (WS5) of the Central Banks and Supervisors Networking for Greening the Financial System (NGFS) and Co-chair of G20 Green Finance Study Group
Dr. Bolu Wang
- Senior Fellow, The Center for Green Finance Research of Tsinghua University
Ms. Chaoni Huang
- Vice President and Secretary General, HKGFA; Managing Director, Head of Sustainable Capital Markets, Global Markets APAC, BNP Paribas