Hong Kong Business News

香港商業資訊

GREEN BOND REPORT RELEASED

31-8-2023
gov_rss

The Government today released its Green Bond Report 2023, which sets out how the proceeds raised from the issuance of green bonds, including the inaugural tokenised green bond issued this year, are being allocated, as well as the expected environmental benefits of the projects financed.

The Government has so far issued green bonds totalling close to US$22 billion in value to fund various green projects in Hong Kong.

Secretary for Financial Services & the Treasury Christopher Hui said the report provides comprehensive and detailed information on the green bonds issued, helping investors and the public to understand the positive environmental impacts of projects that are funded, and encouraging them to participate in investing in a greener Hong Kong.

He added: “This also fully demonstrates our commitment to consolidating Hong Kong’s position as a regional and international green and sustainable finance hub.”

The proceeds raised through issuances of green bonds have been fully allocated to or earmarked for green projects. These include a district cooling system for Tung Chung New Town Extension (East), a three-dimensional air pollution monitoring network, the Kai Tak Sports Park, and the replacement of the storm-detecting weather radar at Tai Mo Shan.

Click here for the report.



PREVIOUSNEXT

Latest Business News

最新商業資訊


Alert issued on fake tax texts  9-6-2025

gov_rss

The Inland Revenue Department (IRD) today alerted the public to fraudulent SMS messages purportedly issued by the departm...


SFST departs for UK, Norway  8-6-2025

gov_rss

Secretary for Financial Services & the Treasury Christopher Hui was due to depart today on a visit to the UK and Norw...


Re-domiciliation regime finds favour  7-6-2025

gov_rss

Secretary for Financial Services & the Treasury Christopher Hui said today the market has responded very positively f...


Boao innovation conference held  7-6-2025

gov_rss

The Boao Forum for Asia's International Science, Technology & Innovation Forum (ISTIF) was held in Hong Kong for the ...