Hong Kong Green Finance Association (HKGFA)

#Geopolitics was front and centre of the conversation at the AsiaGlobal Dialogue 2024 titled, “Fostering Global Development Against Geopolitical Headwinds”. After a year of large-scale elections and shifts in administration around the world, the impact of such changes became the focus for business, politics and philanthropy over the coming years. After a keynote speech from Dr Victor Fung who highlighted a number of the challenges but still managed to end on a positive note, HKGFA’s Chairman and President Dr Ma Jun offered his own take on a panel discussion on “The Economics of Philanthropy”. Together with moderator, Professor Mike Spence, and panellists Hakan Bulgurlu and Lok Yim, Dr Ma shared some fascinating insights on areas of hope and potential: 💡 Multi-jurisdiction Common Ground Taxonomy – the expansion of the Common Ground Taxonomy to include trading nations/blocks beyond China and the EU to facilitate cross border green finance transaction; 💡 Areas for Collaboration – finding neutral/safe harbour sectors or industries for collaboration and to encourage and enable discussions which can advance decarbonisation efforts without threats to national sensitivities and to create space for re-coupling; 💡 Green Trade Policies – adopting a new approach and tariff arrangements on selected green goods in order to promote and encourage production and trading within trading blocks such as the Regional Comprehensive Economic Partnership (RCEP); 💡 Capacity Building – To bridge the funding gap and address the lack of capacity and training in order to support more bankable green projects, financial products, etc. HKGFA supports the development of a MCGT and on capacity building, together with Capacity-building Alliance of Sustainable Investment (CASI), we will continue to support the development of the green and sustainable finance ecosystem in Hong Kong and regionally to ensure that capital remains available and deployable to support decarbonisation efforts, regardless of the geopolitical tensions. HKGFA remains committed in its advocacy and participation in the dialogues across academia, public and private sectors to advance the green and sustainable finance agenda.

🎊 今天是第六期 HKGFA - HKSFI 綠色可持續金融高級研修班的開學儀式！   此國語課程旨於為亞洲綠色金融的全景提供全面介紹，並以實際案例和專業經驗介紹相關智識，促進達成「碳達峰、碳中和」目標。   ✨ 馬駿博士Dr. Ma Jun 在開幕典禮時分享了以下相關的焦點： - 香港應善用綠色金融市場基礎扶持綠色科技企業，更聚焦的以推動綠色科技為主的資金來源。 - 中國、歐盟和新加坡共同編製的IPSF《多邊可持續金融共同分類目錄》（Multi-jurisdiction Common Ground Taxonomy，於COP29（29屆聯合國氣候大會）正式發佈。該目錄旨在提升各國分類目錄可比性和互操作性的新成果，標誌著國際社會在提升綠色與持續金融標準的互操作性、推進跨境綠色資本流動方面邁出了新的一步。   非常感謝今個學期的教師及學員們的支持，繼續與我們一起携手邁向綠色未來！ Hong Kong Financial Services Institute HKFSI 香港金融管理学院   #sustainability #ESG #environment #social #governance #greenfinance #sustainablefinance #greentaxonomy #climatechange #climaterisk #carbonmarket #carbonneutrality #decarbonisation #netzero #capacitybuilding #learning #certification #program

🎤 HKGFA Representative Interviewed by FinanceAsia On 19 November, FinanceAsia published the article "Transition finance: Asia grapples with uncertainty, eyes progress", following an interview in October with Ms. Chaoni Huang, Executive Vice President at Hong Kong Green Finance Association (HKGFA) and Managing Director, Head of Sustainable Capital Markets, Global Markets, Asia Pacific at BNP Paribas. Ms. Huang mentioned that taxonomy and definition uncertainties are hampering APAC’s transition finance market, and that growing interest and standardisation attempts should help. 📰 Read the full news article here: https://lnkd.in/g5_wH2Ch Source: FinanceAsia

🌍🔋The AVCJ Forum kicked off with a day dedicated to ESG. Ms. Hong Qiu, Chairman and CEO of Lazard Greater China and HKGFA Asset Owners/Asset Managers workstream lead, expertly moderated a masterclass in energy transition investing on her “Case study: aligning ESG framework with financial pursuit”. The case study explored how NIO Capital combined patience, detailed diligence, sector trends and pricing to put together an investment case resulting in the investment in AlphaESS The energy storage solutions and services provider not only offers cheaper, cleaner and more accessible energy to households throughout its global operations but also delivers powerful sustainable impacts. In the afternoon, Mr. Alexander Ho-Young Chan, Head of ESG, Asia Pacific for Invesco Ltd. and HKGFA’s Sustainability-related Disclosures, Policy and Standards Working Group co-chair joined a panel titled “Risk to reward: Driving ESG value creation” where he knowledgeably and thoughtfully broke down how ESG investing has evolved in recent years. Noting, in particular, that investors are looking at trends that will change companies and industries over the next 5-10 years and analysing climate investing opportunities through a more sophisticated lenses such as mitigation, transition and adaptation. HKGFA’s Sustainability-related Disclosures, Policy and Standards Working Group aims to foster and promote interoperability, comparability, transparency and harmonization of international sustainability standards aligned to local markets. The working group engages members in regulatory and policy consultations, and provides a collective voice to the relevant government, regulators and policy makers. Through the Asset Owners/Asset Managers workstream we support with capacity building, best practice and support on integration of green and sustainable finance into the asset management industry. 🌿 #greenfinance #assetmanagement #assetowner #ESG

【最後召集，請即登記】HKGFA-HKFSI 綠色可持續金融高級研修班 第六期 Hong Kong Green Finance Association (HKGFA) - Hong Kong Financial Services Institute HKFSI 香港金融管理学院 綠色可持續金融高級研修班的課程設置將包含六個課程模塊，包括由 Hong Kong Green Finance Association (HKGFA) 的 Ma Jun 博士的碳中和與綠色金融政策背景、CECEP Environmental Consulting Group (CECEPEC) 的 Sandy Li 女士的企業低碳轉型與可持續發展戰略實踐、Hang Seng Investment 的 Joy Jing Song, CFA 女士的ESG評級、框架以及在企業決策中的應用、BNP Paribas 的 Chaoni Huang 女士的綠色金融市場與産品、KPMG China 的 Angus Choi 先生的氣候風險與金融穩定及 China Galaxy International Financial Holdings Limited 的 Ivan LI 博士的碳中和與碳金融。 🗓️ 日期：11月23日、11月30日、12月7日 (週六) 📍 地點：上環德輔道西9號 📢 現在報名📢： https://lnkd.in/ggZhS-bC  🔎課程資料及小冊子： https://lnkd.in/gy3TXRfE 近年來，極端氣候問題已成爲威脅人類命運共同體的全球性緊迫問題，世界各地都在積極應對，以儘快達成「碳達峰、碳中和」目標。此課程將帶來一系列的行業專家，為當前亞洲綠色金融的全景提供全面介紹，包括監管環境、可持續金融産品、ESG整合及氣候風險管理，以及碳市場，並透過實際案例認識可持續和綠色金融的全球框架。 此課程可獲認證及課程優惠包括： ✅HKGFA成員機構、HKFSI合作協會會員及校友、課程支持機構可享折扣價港幣13,500 ✅香港會計師公會/特許金融分析師/證監會特許持有人或持牌人可以根據會員指引申請CPD學時/ PL學時/ CPT學時 ✅本培訓及資歷已加入「綠色和可持續金融培訓先導計劃」的合資格培訓及資歷名單內，完成課程可向政府申請學費資助（上限為港幣10,000或80%學費全款） 詳情請聯絡 katyyeung@hkfsi.edu.hk 或致電 2581 1122。 請標記一位您希望一同參與課程的同事報名吧👇 #sustainability #ESG #environment #social #governance #greenfinance #sustainablefinance #greentaxonomy #climatechange #climaterisk #carbonmarket #carbonneutrality #decarbonisation #netzero #capacitybuilding #learning #certification #program

It’s a wrap! 👏 Thank you once again to the wonderful lecturers who taught at the 5th Cohort of the Hong Kong Green Finance Association (HKGFA) - HKUST Business School Certificate in Sustainable Finance. On Day 1, we had Ms. Helena Fung from LSEG (London Stock Exchange Group) provide a comprehensive overview of sustainable finance standards and principles, as well as Mr. Mark Lam from Hongkong Land Limited introducing the ESG disclosure and data reporting landscape in Asia. On Day 2, Prof. Veronique Lafon-Vinais, Adjunct Associate Professor from HKUST Business School and Ms. Celina Chan from OCBC co-delivered an engaging lecture on how to structure sustainable finance products, whilst Mr. Gabriel Wilson-Otto from Fidelity International offered a holistic overview on how to design sustainable portfolios and navigate risk management. Today’s informative lectures covered environment and climate risk taught by Ir. Dr. Wang Hei Bruce Chong from Arup and Dr. Feng Li from HSBC in the morning, and carbon markets and trading taught by Prof. Charles Bedford from The Hong Kong University of Science and Technology and Carbon Growth Partners in the afternoon. Last but not least, thank you to all our students for dedicating their time and efforts on three consecutive Saturdays to learn about sustainable finance and further advance sustainable development. Please stay tuned to more news on our future cohorts in 2025! 🌿 #sustainability #ESG #environment #social #governance #greenfinance #sustainablefinance #greentaxonomy #climatechange #climaterisk #carbonmarket #carbonneutrality #decarbonisation #netzero #capacitybuilding #learning #certification #program

請歡迎第六期 Hong Kong Green Finance Association (HKGFA) Hong Kong Financial Services Institute HKFSI 香港金融管理学院 綠色可持續金融高級研修班的課程教師，包括 Hong Kong Green Finance Association (HKGFA) 的  Ma Jun 博士、CECEP Environmental Consulting Group (CECEPEC) 的 Sandy Li 女士、Hang Seng Investment 的 Joy Jing Song, CFA 女士、BNP Paribas 的 Chaoni Huang 女士、KPMG China 的 Angus Choi 先生及 China Galaxy International Financial Holdings Limited 的 Ivan LI 博士。 🗓️ 日期：11月23日、11月30日、12月7日 (週六) 📍 地點：上環德輔道西9號 📢 現在報名📢： https://lnkd.in/ggZhS-bC  🔎課程資料及小冊子： https://lnkd.in/gCeU6D2B 近年來，極端氣候問題已成爲威脅人類命運共同體的全球性緊迫問題，世界各地都在積極應對，以儘快達成「碳達峰、碳中和」目標。此課程將帶來一系列的行業專家，為當前亞洲綠色金融的全景提供全面介紹，包括監管環境、可持續金融産品、ESG整合及氣候風險管理，以及碳市場，並透過實際案例認識可持續和綠色金融的全球框架。 此課程可獲認證及課程優惠包括： ✅HKGFA成員機構、HKFSI合作協會會員及校友、課程支持機構可享折扣價港幣13,500 ✅香港會計師公會/特許金融分析師/證監會特許持有人或持牌人可以根據會員指引申請CPD學時/ PL學時/ CPT學時 ✅本培訓及資歷已加入「綠色和可持續金融培訓先導計劃」的合資格培訓及資歷名單內，完成課程可向政府申請學費資助（上限為港幣10,000或80%學費全款） 詳情請聯絡 katyyeung@hkfsi.edu.hk 或致電 2581 1122。 請標記一位您希望一同參與課程的同事報名吧👇 #sustainability #ESG #environment #social #governance #greenfinance #sustainablefinance #greentaxonomy #climatechange #climaterisk #carbonmarket #carbonneutrality #decarbonisation #netzero #capacitybuilding #learning #certification #program

Congratulations to Chinachem Group for another successful sustainability conference! 🌱💼 The afternoon session on Sustainable Financing and Impact Investment kicked off with opening remarks from Joseph HL Chan, Under Secretary for Financial Services and the Treasury Bureau (FSTB), The Government of the HKSAR, before an energetic panel discussion on "Scaling Finance for Sustainability and Resilience in the Built Environment", moderated by Christine Loh and featuring Tracy Wong Harris, Eric Hui, Valerie K., and Elaine Ng. Elaine Ng of the Securities and Futures Commission (SFC) opened the panel with a reminder of the work being done by the Cross Agency Steering Group, including ensuring international standards and frameworks to support financing. While HKGFA’s Tracy Wong Harris shared on how the green financing landscape in Hong Kong has evolved beyond green loans and bonds to include more innovative solutions and projects as well as socially conscious financing products. 🌏 #greenloans #greenfinance

Taking place on 18 November in Hong Kong and online, the Asian Venture Capital Journal (AVCJ) ESG Summit is the annual gathering for private equity professionals with an interest in developing and implementing ESG frameworks within their investment processes. HKGFA is proud to be a supporting organisation and our co-chair of Sustainability-related Disclosures, Policy & Standards Working Group, Alexander Ho-Young Chan, and our Asset Owner and Asset Manager Workstream Leader, Hong Qiu will be speaking at the event. To join this event, please book your ticket online and quote the 20% discount code “HKGFA20” for registration: https://bit.ly/3UCoMZe #AVCJForum #privateequity #venturecapital #diversity #ESG #inclusion #LP #GP #alternativeinvestments

HKGFA Vice President, Dr. Kang Qu (Bank of China (Hong Kong), recently took the stage at The Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurs Forum 2024: Hong Kong’s Role in the New Era, organised by 團結香港基金 Our Hong Kong Foundation. Moderated by Christine Loh, the panel included industry leaders like Poman Lo (Regal Hotels International), Chavalit Frederick Tsao (TPC (Tsao Pao Chee)), and Pat-Nie Woo (KPMG). Together, they delved into the panel discussion 'Green Economy in the GBA: Pathways to Sustainable Growth,' shedding light on how businesses can leverage sustainable practices to drive the green transition. Key Takeaways: 🌟Sustainable Business Models: Dr. Qu emphasised the need for sustainable business models benefiting both financial institutions and industries, with a focus on clean energy and low carbon industries. Initiatives like offering discounts on green projects and higher interest rates on green deposits were highlighted as strategies to foster sustainability. 🌻Unique Position of Hong Kong: Panelists discussed Hong Kong's distinct advantages and unique value proposition  as a bridge between mainland China and the global financial landscape. 🌍Addressing Negative Sentiments and Public Awareness: The panel placed emphasis on the importance of raising public awareness and addressing negative sentiments related to skepticism to drive continued progress towards sustainability. #Sustainability #GreenEconomy #GBAForum