Odaily Planet Daily News: Hong Kong Chief Executive Carrie Lam attended the Hong Kong Association of Banks and stated that since May 2019, Hong Kong has become a leader in the green bond market by issuing HKD 220 billion in green sustainable bonds in various currencies. In the coming weeks, a roadmap for adopting International Financial Reporting Standards will be released, making Hong Kong one of the first jurisdictions to align its local and international sustainability reporting requirements.
The Hong Kong government is determined to develop Hong Kong into a regional green finance center, committed to innovation and technological progress in the financial sector, including providing funding schemes for the concept validation of green finance technology and early funding support for related projects. Fintech can also assist businesses in utilizing artificial intelligence (AI) and blockchain technology to improve efficiency and maintain competitive advantages. （Aastocks）
