Policy Address 2020 Announced Goal to Achieve Carbon Neutrality Before 2050


On 25th November 2020, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Mrs. Carrie Lam delivered the policy address, where she announced that the HKSAR will strive to achieve carbon neutrality before 2050, while green finance would be one of the focus. To this end, the Government will update the “Hong Kong’s Climate Action Plan” in the middle of next year to set out more proactive strategies and measures to reduce carbon emissions.

Read the Policy Address

Chief Executive Mrs. Carrie Lam, “We will develop green finance to boost investments conducive to reducing carbon emissions, build a low-carbon economy which is more resilient to climate change, and enhance public education and publicity. I cordially invite all sectors to work together to promote low-carbon transformation in Hong Kong in a bid to strive towards the goal of carbon neutrality by 2050.”

HKGFA will continue its mission in facilitating green and sustainable finance investments in Hong Kong and pushing further collaborations on green and sustainable finance projects to help drive the carbon neutrality goal! Excited to further collaborations with our members and affiliates to support a greener and sustainable Hong Kong!

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