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Hong Kong Budget: more green bonds and broader loans
24 February 2022The Hong Kong government revealed plans to issue $4.5 billion more green bonds this year, in its 2022-23 Budget announcement.
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Hong Kong banks warned of significant climate impacts
04 January 2022Climate risks could cause "significant adverse impacts" for Hong Kong's banking sector, its regulator has warned, adding that banks need to take "early action to manage them".
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Hong Kong Airport expansion green bond 'pure greenwashing'
04 January 2022A proposed green bond from the Hong Kong Airport Authority (HKAA) has been described as "pure high-flying greenwashing" by a climate finance campaigner,...
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IOSCO outlines 'milestone' ESG rating and data oversight recommendations
23 November 2021IOSCO has provided recommendations for securities regulators to strengthen their oversight of ESG ratings and data providers after "several areas of concern" were identified by market participants.
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HKMA: Adopting the Common Ground Taxonomy could prove 'tricky'
15 October 2021Hong Kong plans to adopt the international Common Ground Taxonomy being drawn up by the International Platform on Sustainable Finance (IPSF)...
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Hong Kong's net zero plan will 'accelerate' green bond market
12 October 2021Hong Kong is looking to attract private investment, as it invests HK$240 billion ($31 billion)
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Hong Kong regulator introduces climate-related disclosure obligations
20 August 2021Fund managers in Hong Kong will be required from August 2022 to make climate-related disclosures, in the latest landmark for the global spread of mandatory disclosure in line with the recommendations of the Task Force on Climate-related Financial Disclosures.
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Hong Kong appoints sustainable finance group to bolster disclosures
15 July 2021Hong Kong's securities regulator and central bank have helped create a group of experts to develop sustainability reporting and a dedicated carbon market in the territory.
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IOSCO works on ESG rating provider guidance amid 'serious questions'
28 June 2021The International Organization of Securities Commissions (IOSCO) is working on guidance for environmental, social and governance (ESG) ratings...
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Hong Kong regulators deliver action plan for greening financial ecosystem
18 December 2020A steering group composed of key Hong Kong regulators has announced its five-point action plan for a green and sustainable finance strategy for the major financial centre.