Green bonds up to US$4.3 trillion mark

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The size of the sustainable bond market has hit US$4.3 trillion (HK$33.54 trillion) by year-end, and Hong Kong is poised to lead the development of transitional financing, said the Financial Services Development Council.

That bit of good news came as the council, together with Friends of the Earth (HK) and the China Sustainable Investment Forum, held a forum to mark Earth Day yesterday.

The event was aimed at accelerating a transition in finance to a sustainable future by allowing financial institutions, professional associations, corporations and industry experts to share the latest developments and practices in transition finance.

Financial Secretary Paul Chan Mo-po said Hong Kong aims to…

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