HK pledges support for green bonds

Jonathan Boyd
clock • 2 min read

The government of Hong Kong has joined an initiative that pledges support for green bonds, as part of a response from industry and investors to work towards the goals outlined in the Paris Agreement - which seeks to limit climate change to some 1.5C. The HK Special Administrative Region becomes the first Asian signatory to the Green Bond Pledge, with a spokesperson for the government stating that "Hong Kong's Climate Action Plan 2030+ has set out our 2030 target, which is to reduce Hong Kong's carbon intensity by between 65% and 70%, compared with the 2005 level. We are sparing no effort...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.