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Green Finance: Cross-Agency Steering Group: 6 Strategic Plans Strengthen HK Financial Eco-System
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Green Finance: Cross-Agency Steering Group: 6 Strategic Plans Strengthen HK Financial Eco-System
preview: executive summary
The steering group has six key focus areas for strengthening Hong Kong’s financial ecosystem to support a greener and more sustainable future in the longer term.
1. strengthening climate-related financial risk management;
2. promoting the flow of climate-related information at all levels to facilitate risk management, capital allocation and investor protection;
3. enhancing capacity building for the financial services industry and raising public awareness;
4. encouraging innovation and exploring initiatives to facilitate capital flows towards green and sustainable causes;
5. capitalising on Mainland opportunities to develop Hong Kong into a green finance centre in the Guangdong-Hong Kong-Macao Greater Bay Area; and
6. strengthening regional and international collaboration.
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