The Hong Kong Monetary Authority (HKMA) has announced the Green Fintech Competition. The competition is open to green fintech firms in Hong Kong and around the world.

Their solutions should be relevant to any of these four themes; net-zero transition or transition planning; climate risk management; green and sustainable finance; and sustainability or climate-related disclosure and reporting.

Interested firms will need to submit a market-ready solution for at least one of the above themes by 20 October 2023.

The judging panel will comprise representatives from both the public and private sectors, including the banking and technology sectors, professional associations and academia.

Winners of the competition will be offered a fast-track opportunity to the presentation stage of Cyberport Incubation Programme.

They will also receive an invitation to join and host exhibition booths in the HKMA’s “Green and Sustainable Banking Conference” to be held in December 2023.

Additionally, the winners will also have access to tailor-made consultation services from InvestHK to gain further insight into the Hong Kong market so as to ensure their solutions meet the market needs.