Hong Kong Secretary Paul Chan Mo-po stated during the Green Finance Association Forum that the city is strategically positioned to facilitate the growth of transition finance. He acknowledged that while the sector remains nascent, Hong Kong possesses significant capabilities to support decarbonization efforts globally. The Financial Secretary highlighted Hong Kong’s role in assisting emission-belching industries in adopting sustainable practices. Transition finance, he emphasized, offers crucial support for long-term environmental goals.
Credits: News – South China Morning Post