The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) held the second Joint Climate Finance Conference on 26 November in Dubai.

The hybrid event attracted nearly 250 participants from the Middle East and Asia.

The conference is a key initiative of the DFSA-HKMA partnership to support climate finance.

This year, it focused on financial risks linked to climate change and the role of innovation.

Discussions explored how both regions can use their financial and technological strengths to develop solutions that aid the energy transition and broader sustainable development goals.

The event also presented findings from the DFSA-HKMA joint research, Scaling Sustainable Debt in Emerging Markets, developed with BloombergNEF.

The research examines how sustainable debt can help expand climate finance in emerging markets.

Strategic partners included the Dubai International Financial Centre Authority, Nasdaq Dubai, and Hong Kong Exchanges and Clearing Limited.

Speakers from business, commerce, and financial services across Asia-Pacific and the Middle East and North Africa contributed, highlighting the conference as a forum for dialogue, knowledge sharing, and collaboration.

Mark Steward, Chief Executive of the DFSA, said:

“Tokenisation and other emerging technologies, which have been discussed in detail today, have the potential to make climate finance more transparent, efficient, and globally accessible, accelerating the transition across the Asia-Middle East corridor.”

Darryl Chan, Deputy Chief Executive of the HKMA, added:

“Dubai and Hong Kong are in a unique position to facilitate climate action across Asia and the Middle East, enabling economies in the region to capture the growth opportunities created by technology advancement in green sectors.”

Featured image credit: HKMA