Hong Kong in Transition: A Paradigm Shift Towards a Green and Sustainable Finance Center

Source: https://bm.hkust.edu.hk/bizinsight/2024/11/hong-kong-transition-paradigm-shift-towards-green-and-sustainable-finance-center Parent: https://bm.hkust.edu.hk/bizinsight/bizthemes/green-finance

[ Green Finance ]

14 Nov 2024

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"The Hong Kong Green Finance Policy Research Series" is a joint research report series by The Hong Kong University of Science and Technology (HKUST) and HKUST (Guangzhou) that analyzes Hong Kong’s progress and outlines steps to enhance its role as a green finance leader. The research draws on a longitudinal study on Hong Kong and a large-scale field study in leading global green finance centers, emphasizing the need for Hong Kong to fine-tune its strategies in this critical domain.

This report highlights the importance for Hong Kong to capitalize on the growing global consensus around green transformation, and formulate a comprehensive strategy to position the city as a world-class green finance center connecting Mainland China and the West. This report is recommended to be read in conjunction with "Hong Kong’s Transition Towards a Green and Sustainable Finance Center: Building a World Top Green and Sustainable Bond Hub" and "International Experiences in Green Finance Development: Lessons for Hong Kong", both part of the same series.