Green and sustainable finance
Dec 15, 2020 - The Hong Kong Monetary Authority (HKMA) is fully committed to green and sustainable finance in its multiple roles as banking regulator, reserves manager, and market facilitator, said Chief Executive of the HKMA, Mr Eddie Yue, at the first International Finance Corporation (IFC) Climate Business Webinar, held virtually Dec 14-15. As the founding member and first regional anchor of the recently launched Alliance for Green Commercial Banks, the HKMA will partner with IFC to facilitate green knowledge sharing between banks, conduct research on green investment opportunities in the Asia region, provide green finance training sessions, and provide thought leadership to advance the green agenda globally. "The Asia region has enormous investment needs in green buildings, ports and transport infrastructure, and energy efficiency. Likewise, there are great opportunities to invest in climate solutions in agriculture, supply chains, renewable energy and waste solutions across Asia. The Alliance will promote green commercial banking that helps banks and their clients manage climate-related risks and seize green and sustainable investment opportunities,” said Mr Yue. Over 1,500 participants globally attended the webinar. Details here. |