HK launches three-year 'green bond' subsidy

Friday, June 15, 2018

Hong Kong today launched a three-year scheme to give subsidies of up to HK$800,000 to issuers of "green bonds.''

The Green Bond Grant Scheme proposed in the 2018-19 Budget, will subsidize eligible "green bond issuers'' in obtaining certification under the Green Finance Certification Scheme by the Hong Kong Quality Assurance Agency.

First time and repeat issuers with "green bonds'' of any tenor issued and listed in Hong Kong, and denominated in any currency at a minimum size of HK$500 million (or the equivalent in foreign currency), are being encouraged to apply.