The Hong Kong Monetary Authority has announced this year's Green Fintech Competition, which focuses on five themes that highlight opportunities for the banking sector and wider financial industry to leverage the power of green fintech.
The themes include sustainable supply chain and small and medium-sized enterprises, accelerating climate risk modelling and analytics, carbon market analytics and technology, sustainable investing, and sustainable banking and financing products, according to a statement on Friday.
Firms from Hong Kong and around the world are invited to submit innovative green fintech solutions that tackle at least one of the mentioned themes and the solutions should be submitted via the competition website by June 6, 2025, the HKMA said.
Solutions will be evaluated by a judging panel comprising industry leaders from diverse fields, including experts from the banking, investment and technology industries, as well as professional associations and academic institutions, the regulator said, adding that winners of the competition will be invited to present and showcase their solutions at the 2025 Green Fintech Symposium, scheduled to take place on September 12 this year.
The competition is an important part of the HKMA’s ongoing efforts to foster collaboration between the financial and technology sectors, build capacity for harnessing green fintech and attract green fintech firms to expand their presence in Hong Kong, the authority said.
The competition is co-hosted with the Hong Kong Institute of Bankers, and supported by the Institute of Sustainability and Technology, the Hong Kong Cyberport Management Company, the Hong Kong Science and Technology Parks Corporation and Invest Hong Kong.
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