Chen Maobo: New batch of green bond subscription response is satisfactory and RMB green bonds will be issued

　　Xinhua News Agency, Hong Kong, November 21st (Reporter Huang Xitian) The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, published a blog on the 21st, stating that the Special Administrative Region Government successfully sold a new batch of green bonds last week. US dollar bonds and euro bonds are the first euro bonds issued by the SAR government.

He pointed out that the SAR government is about to issue RMB green bonds to further strengthen Hong Kong's function as an offshore RMB hub and green financial center.

　　Chen Maobo said that the SAR government is actively preparing for the issuance of retail green bonds, so that Hong Kong citizens have channels to invest funds in promoting a green economy, so that while sharing returns, they can also enjoy a greener environment.

　　Chen Maobo said that the issuance of green bonds is only one part of the SAR government's development of Hong Kong as a green financial center in the Asia-Pacific region.

The SAR government has mainly promoted the development of green finance from three main directions, including in terms of supervision. The Hong Kong Monetary Authority, the Hong Kong Securities Regulatory Commission and various regulatory agencies have introduced a series of regulatory measures on climate risk management and disclosure; the SAR government and various regulatory agencies have jointly Establish a green and sustainable finance center to provide support to the industry in terms of personnel training, data collection and analysis; raise the industry and the public’s awareness and attention to green finance.

　　Chen Maobo said that as the country's international financial center, Hong Kong has the responsibility to provide support for the realization of the country's "dual carbon" goal.

The SAR government and financial regulators are cooperating with the industry to enhance the financial industry’s ability to withstand climate risks, and actively seize relevant opportunities to help Hong Kong fulfill its commitment to carbon neutrality by 2050, and help the country and the Asian region move towards green and sustainability Road to development.