China Daily Gathers Industry Experts to Explore Cross-border Green and Sustainable Finance Opportunities in the GBA

Kate Yau

China Daily Gathers Industry Experts to Explore Cross-border Green and Sustainable Finance Opportunities in the GBA

Hong Kong, Jan 25, 2024 — Co-organized by China Daily and the Asian Financial Forum, a panel discussion session, themed “Exploring Cross-border Green and Sustainable Finance Opportunities in the GBA”, will be held on Thursday, Jan 25, 2024 at the Hong Kong Convention and Exhibition Centre. The event is expected to draw more than 300 investors, private equity administrators and investment professionals from diverse financial institutions across the globe.

Under the central government's 3060 decarbonization goal, the country is expected to reach peak CO2 emissions by 2030 and achieve carbon neutrality by 2060. In alignment with the policy, Hong Kong launched Climate Action Plan 2050, setting out to achieve zero-carbon emissions and create a livable and sustainable city, in which substantial growth in the green financing market would play a key part.
Leveraging Hong Kong’s robust financial regulatory regime and green bond platform, along with the connectivity mechanism among Guangdong-Hong Kong-Macao Greater Bay Area (GBA) cities, Hong Kong could play a vital role in facilitating the issuance of green bonds involving various currencies within the GBA. This would enable overseas investors to access mainland bonds via Hong Kong, as well as other cross-border sustainable business ecosystems while at the same time contributing significantly to the global progress towards carbon neutrality.

Given that green and sustainable finance is a rapidly expanding and promising area of financial activity, this session aims to examine how the GBA can contribute to the mainland’s low-carbon economy and what opportunities green finance brings both to Hong Kong and the GBA.

Chaired by Dr DJ Clark, Multimedia Director, China Daily Asia Pacific. Ms Meng Meng, Senior Advisor, Green Development Institute; Dr Stan Ho Ho Ming, Academic Dean, The Institute of Sustainability and Technology (IST); Adjunct Professor, Faculty of Business and Economics, University of Hong Kong (HKU); Mr Fei Lau, Senior Vice President of Sustainability Strategy, Economics and Strategic Planning Department, Bank of China (Hong Kong) Limited; Banking – Financing the Transition Working Group Representative, Hong Kong Green Finance Association will join the panel discussion and share their insights on the topic.

About China Daily
Founded in 1981, China Daily reaches 440 million readers and users worldwide through diversified platforms, including newspapers, websites, mobile devices, and social media. As of August 2023, the number of China Daily’s followers has reached 64 million on Weibo, 20 million on the WeChat blog platform, 105 million on Facebook, and 4.2 million on Twitter.

About the China Daily Asia Leadership Roundtable
The China Daily Asia Leadership Roundtable is a by-invitation network of movers and shakers in Asia, providing platforms for focused dialogue, issue investigation and possible collective action on strategic issues relating to Asia’s economic, business and social development. Our aim is to enhance communication and increase mutual understanding among China, Asian and Western countries. Roundtable events are held in major cities across Asia.

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Ms Nancy Xiao
Tel: (852) 3465 5416
Email: nancyxiao@chinadailyhk.com