🌍Exciting news from HKMA's Sustainable Finance Action Agenda! CASI is thrilled to be a part of this initiative that champions a more inclusive approach to sustainability. Collaborating with a spectrum of organizations and stakeholders, we are dedicated to addressing the talent gaps in sustainable finance and investment. With 60+ CASI members including the Hong Kong Monetary Authority (HKMA) sharing their expertise, our goal is to cultivate a robust, inclusive sustainability ecosystem. By 2030, we aspire to train over 100,000 individuals worldwide, with a special emphasis on emerging markets. Looking forward to broadening our collaborations and impact, both within Hong Kong and across the globe, as we pioneer the future of sustainable finance. 🌱 #GreenFinance #Sustainability #SustainableFinance #CASI #NetZero #HongKong
The road to net zero and global sustainability must be inclusive, with tools and resources that are accessible to all. 📊🌿 The fourth key area in the HKMA’s Sustainable Finance Action Agenda is “making sustainability more inclusive”, comprising the following two goals: 🎯 Support high-quality and comprehensive sustainability disclosures Robust sustainability disclosures are essential, but the capacity and readiness of different entities vary. The HKMA will work with relevant stakeholders to make sustainability disclosures more approachable and inclusive. Key measures include: • Enriching climate disclosure toolkits for banks and their clients (e.g. reporting templates and supporting tools) • Exploring the use of technology to improve accessibility of available resources • Offering training in collaboration with local associations • Spearheading the transition by improving its own sustainability disclosures 🎯 Close talent and knowledge gaps in sustainable finance in the region • More collaborations with like-minded organisations around the world to facilitate knowledge exchange, including the IFC - International Finance Corporation, Glasgow Financial Alliance for Net Zero (GFANZ), Capacity-building Alliance of Sustainable Investment (CASI). Additionally, HKMA aims to upskill most banking practitioners in sustainable finance by: • Identifying training needs (through the upcoming “Capacity Building for Future Banking 2026-2030” study) • Launching a professional level enhanced competency framework • Expanding training programmes with partner institutes Read the full agenda here for more details: https://lnkd.in/gZqac6a9 #GreenFinance #Sustainability #SustainableFinance #SustainabilityDisclosures #NetZero #HongKong