Hong Kong to launch subsidy scheme for green fintech start-ups to bolster sustainability data acumen.

Hong Kong’s green bond and loan borrowers’ financial assistance scheme has granted HK$210 million to cover expenses of 340 green and sustainable debt instruments worth $100 billion. The bureau is preparing a roadmap for adopting sustainability disclosure guidelines, and Hong Kong Exchanges and Clearing will require listed companies to adhere to upgraded climate change-related disclosures. The Hong Kong Monetary Authority plans to publish a taxonomy for credible green and climate-transition activities.

Resource:

https://www.scmp.com/business/banking-finance/article/3249781/hong-kong-launch-subsidy-scheme-green-fintech-start-ups-bolster-sustainability-data-acumen-official

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