HKMA launches Green Fintech Competition

The Hong Kong Monetary Authority (HKMA) has launched the Green Fintech Competition to promote the adoption of green fintech solutions in the local banking industry. The competition focuses on four themes: Net-zero Transition, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting. Green fintech firms can submit their market-ready solutions for these themes by October 20, 2023. Winners will receive a fast-track opportunity to the Cyberport Incubation Program and finalists can showcase their solutions at the “Green and Sustainable Banking Conference” in December 2023. Consultation services from InvestHK are also available to help firms understand the Hong Kong market.



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