Hong Kong Aims to Lead in Sustainable Finance as Green Bonds Reach $4.3 Trillion
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#32d2c9fa ver:0.08

The size of the sustainable bond market has reached $4.3 trillion by year-end, according to a report. Hong Kong is positioning itself as a leader in transitional financing and plans to launch a roadmap this year to improve climate disclosures. To mark Earth Day, the Financial Services Development Council, Friends of the Earth (HK), and the China Sustainable Investment Forum held a forum. The Securities and Futures Commission highlighted the importance of Hong Kong adhering to international standards to boost investor confidence. The Hong Kong Monetary Authority has also released a one-stop information platform for small- and medium-sized enterprises to compare lending services offered by banks. Retail banks in Hong Kong have implemented real-time monitoring to prevent funds from being depo...

#newstr #SustainableFinance #GreenBonds #ClimateDisclosures #InvestorConfidence #SmallAndMediumsizedEnterprises #Banking #FraudPrevention 

 https://here.news/story/32d2c9fa?ver=0.08