The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) unveiled the Prototype Hong Kong Green Fintech Map in collaboration with Cyberport and Invest Hong Kong (InvestHK)
This aims to assist corporates and financial firms identify green and sustainable financial technology (Green Fintech) solutions tailored to their business needs.
The map is a comprehensive directory of Green Fintech firms operating in Hong Kong, featuring over 50 firms. Their offerings span various sectors, including environmental, social, and governance (ESG) data and analytics, climate risk modelling, green digital finance, and carbon credit trading.
The launch occurred during the “Green Fintech: Catalyst for Scaling Sustainable Finance” event as part of Hong Kong Green Week.
“The Government attaches high importance to the advancements in green finance and Fintech. The introduction of this map symbolises the integration of green finance and Fintech, which will be conducive to accelerating the transition towards a green economy and fostering the development of the Green Fintech ecosystem. It also echoes the Green and Sustainable Fintech Proof‑of‑Concept Subsidy Scheme to be launched by the Government in the first half of this year,”
said Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR Government.
“Green Fintech is a catalyst for the development of green finance, driving sustainable finance through practices such as product innovation, environmental compliance, and distribution. It also empowers consumers to make green and ESG-conscious financial decisions in their everyday lives. We hope that the map can effectively promote more green fintech applications and nurture a more comprehensive green fintech ecosystem,”
said Peter Yan, CEO of Cyberport.
Featured image credit: Edited from Unsplash
