Hong Kong's Remarkable Growth in Green-Bond Issuance Sets Global Record
Hong Kong
Government Shines as Green-Bond Leader in Asia and Globally
Hong Kong's government has taken a significant lead in the sustainable finance realm by becoming the fifth largest global player in green-bond issuance, marking a remarkable 236% year-on-year growth to reach US$18.2 billion in 2023. The City's sustainable debt market issuance, guided by the Climate Bonds Initiative, not only positions Hong Kong as a trailblazer in the region, but also highlights its growing commitment to environmental sustainability. The surge in green-bond issuance signifies a substantial increase in investor confidence and support for Hong Kong's sustainable financing initiatives, underlining its potential as a key player in the global green finance landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.