Hong Kong is well positioned to contribute to global green transition, Financial Secretary Paul Chan Mo-po said on Monday.
Speaking at 2025 Hong Kong Green Finance Association Annual Forum, Chan said that the city issued more than US$80 billion (HK$624 billion) in sustainable debts last year, with green bonds accounting for around 45 percent of the regional total.
In the first half of 2025, sustainable debt sales exceeded US$34 billion, up 15 percent from a year earlier, he added.
Hong Kong’s Securities and Futures Commission has authorized more than 200 environmental, social and governance funds with combined assets of over US$140 billion, up more than 50 percent in three years, Chan said, underscoring the city’s growing role as a hub for green finance and investment.
He noted that Hong Kong issued the Hong Kong Taxonomy for Sustainable Finance last year, which aligns with the frameworks of both the Chinese Mainland and the European Union.
The Hong Kong Monetary Authority began a public consultation on Monday to expand this taxonomy to cover transition finance, Chan added.
STAFF REPORTER