Potential wealth unleashed in eco-friendly investments across Asia, in spite of geopolitical challenges

Hong Kong, a bustling financial hub, is making significant strides in the realm of sustainable finance. On March 27, 20XX, the city hosted the inaugural edition of "Unlocking Capital for Sustainability," a thought leadership forum aimed at mobilising capital for the green transition.

The event, organised by a media and advisory platform dedicated to sustainable development, in partnership with the United Nations Environmental Programme Finance Initiative (UNEP FI), brought together more than 120 decision-makers from across government, finance, and industry. The strategic partners involved included the Hong Kong Monetary Authority (HKMA), the International Finance Corporation (IFC), and UNEP FI.

Shouqing Zhu, China Policy Advisor for UNEP Finance Initiative, emphasised Hong Kong's unique position as a "bridge" for sustainable finance between China and the world. Zhu highlighted how the region catalyses cross-border capital flows for green projects such as the sustainable development of the Greater Bay Area.

Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, noted that Hong Kong's markets, regulatory frameworks, and connectivity with global capital flows position it uniquely as a catalyst for scaling green and transition finance across Asia and beyond.

The city is not only focusing on fostering cross-border trade and digital collaboration in carbon markets to connect capital with carbon projects worldwide but is also building the capacity of its workforce to meet the demand for green skills. This commitment is evident in the green and sustainable debt issuances in Hong Kong, which exceeded US$84 billion in 2024.

Hong Kong has indeed emerged as a key gateway in the region for sustainable finance, with assets under management (AUM) totaling HK$1.2 trillion. The city's focus on sustainable finance is part of a broader focus on sustainable development in Southeast Asia.

The forum in Hong Kong was just one step in the city's journey towards becoming a global leader in sustainable finance. As the world grapples with the challenges of climate change, Hong Kong's commitment to "double down" on climate action is a beacon of hope for a greener, more sustainable future.

Potential wealth unleashed in eco-friendly investments across Asia, in spite of geopolitical challenges