Common Assessment Framework on Green and Sustainable Banking

13 May 2020

The HKMA has developed a common framework to assess the “greenness baseline” of individual authorized institutions to promote green and sustainable banking. Through the assessment, we intend to facilitate AIs in reviewing readiness and preparedness in addressing climate and environmental risks, help AIs formulate strategies and approaches, and inform the design of supervisory expectation and requirements under Phase II of the three-phased approach.

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