In the 2022 Policy Address, the Chief Executive John Lee mention that “We will promote the development of Hong Kong as a premier financing platform for governments and green enterprises in the Mainland and around the world. We are also developing Hong Kong into an international carbon market, and will support the HKEX to continue pursuing co‑operation with, among others, financial institutions in Guangzhou in carbon market development”
Dr Ma Jun Chairman and President of the Hong Kong Green Finance Association, expressed his strong support for the measures:
- HKGFA will further promote the implementation of CGT between EU and China taxonomies in Hong Kong and Greater Bay Area
- HKGFA will continue to support Hong Kong’s efforts to establish a voluntary carbon market and a carbon market connectivity mechanism with the Mainland.
Source: Hong Kong Economic Times