To support a greener and more sustainable future

Hong Kong's Green and Sustainable Finance Strategy

Mandatory TCFD-aligned disclosures across all relevant sectors no later than 2025

Establish a platform to act as a focal point for cross-sectoral capacity building and repository of relevant resources

Adopt CommonGround Taxonomy

Support work ofIFRS Foundation onsustainability reporting

Promote climate-focused scenario analysis

Strengthen the management of climate-related �nancial risks to consolidate Hong Kong’s position as a global risk management centre

RiskManagement

Promote the �ow of climate-related information at all levels to facilitate risk management, capital allocation and investor protection

Disclosure

Enhance capabilities of market participants and raise awareness among the general public

CapacityBuilding

Encourage innovation and explore initiatives to facilitate capital �ows towards green and sustainable causes

Innovation

Capitalise on the opportunities presented by the Mainland to develop Hong Kong into a green �nance centre in the Guangdong-Hong Kong-Macao Greater Bay Area

Mainland Opportunities

Strengthen regional and inter-national collaboration

Collaboration

Green and Sustainable Finance Cross-Agency Steering GroupDecember 2020