HKEX has signed a Memorandum of Understanding (MOU) with the China Emissions Exchange Shenzhen (CEEX Shenzhen) to collaborate on accelerating the development of the carbon market ecosystem in Hong Kong and the Greater Bay Area. The MOU aims to explore opportunities in cross-border carbon market connectivity, climate finance, and the voluntary carbon market in the region. The partnership supports China’s goals of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, while also promoting the growth of the green-finance industry in Asia. The collaboration between HKEX and CEEX Shenzhen will contribute to building a dynamic regional marketplace that encourages innovation and facilitates interaction between mandatory and voluntary carbon markets in China and internationally.
Resource: https://www.hkex.com.hk/News/News-Release/2023/2310312news?sc_lang=en