China’s Carbon Market Records Its First Cross-Border Deal - Hong Kong buyers’ purchase of credits from Chinese solar project provides a sign of life even as trading of emission quotas dwindles away in market’s first month
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ESG Achievement Awards 2020: Completes a successful inaugural awards ceremony promoting sustainable development in Hong Kong asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
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Overview
In June 2020, First Abu Dhabi Bank (FAB), the UAE s largest bank, successfully issued a landmark HKD750 million five-year Green Bond, the first Green Bond in HKD by an offshore financial institution. This was followed by a Hong Kong branch of China Construction Bank (CCB) which listed two green bonds of USD700 million US dollars and USD500 million on Nasdaq Dubai in August the same year. These transactions are testament to the growing interest in green financing.
Hong Kong and Dubai, being the significant green finance hubs in Asia and the Middle East, have launched schemes and guidelines in support of development of green and sustainable financing. In May 2021 Hong Kong launched a new Green and Sustainable Finance Grant Scheme to further enrich the green and sustainable finance ecosystem in Hong Kong. The Dubai Sustainable Finance Working Group has also recently published two comprehensive guides on the expansion of sustainable finance in the UAE and wider
#smuhkfest2021 #startmeuphk #investhk HONG KONG, June 9, 2021 /PRNewswire/ The highly successful 2021 edition of StartmeupHK Festival, Asia's leading startup event, officially came to a close on 28 May, after a bustling week showcasing 806 speakers from around the world. Organised by Invest Hong Kong, the week-long Festival attracted almost 39,000 attendees from 103 countries and highlighted that.