Eddie Yue emphasizes sustainability in Asia-Pacific growth corridors

In a speech at the Asia Securities Industry & Financial Markets Association (ASIFMA) Annual Conference in Hong Kong, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority presented an overview of climate finance initiatives in Hong Kong. In October 2024, Hong Kong Monetary Authority launched the Sustainable Finance Action Agenda, highlighting its commitment to transition towards sustainable finance. In 2024, Hong Kong issued over USD 40 billion in green and sustainable bonds, capturing 45% of the regional market. Including green and sustainability loans, the total green and sustainable credit issued in Hong Kong exceeded USD 80 billion in 2024.