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The Hong Kong Monetary Authority launches the "Sustainable Finance Action Plan" and sets eight goals
2024-10-22 11:31
Odaily News According to official news, the Hong Kong Monetary Authority announced the launch of the Sustainable Finance Action Plan, setting eight major goals: 1. All banks are committed to achieving net zero emissions in their own operations by 2030 or earlier, and net zero emissions in financing by 2050 or earlier. 2. All banks increase transparency of climate-related risks and opportunities. 3. The Exchange Fund "investment portfolio" achieves net zero emissions by 2050 or earlier. 4. Support regional transformation through investment 5. Build Hong Kong into the preferred sustainable development financing platform in the region and even the world 6. Catalyze sustainable financial innovation 7. Support high-quality and comprehensive sustainable disclosure 8. Fill the talent and knowledge gap in sustainable finance in the region