HKMA and partners inject US$500m for sustainable finance investments in Asia

The partners will focus on renewable energy infrastructure, energy solutions, and sustainable transportation.

The Hong Kong Monetary Authority (HKMA) has partnered with multilateral organisations to promote sustainable finance in Asia.

The organisations include the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and International Finance Corporation (IFC), a member of the World Bank Group.

The partners, which also include Actis, will inject at least $677m (US$500m) to support the initiative.

The fund will be used to invest in sectors that contribute to achieving net zero emissions and reducing greenhouse gases in the region, such as renewable energy infrastructure, energy solutions, and sustainable transportation.

“As a leading green finance hub in Asia, Hong Kong has been facilitating a significant portion of the region’s international green and sustainable bonds in recent years. Through strategic partnerships, we aim to demonstrate that achieving both financial return and sustainable development in Asia is not only feasible but essential for our vision of progress and environmental stewardship,” Howard Lee, CEO of the Exchange Fund Investment Office of the HKMA said.

Follow the link for more news on

sustainable financing

Also Read

MAS and IMDA to implement new framework against phishing scams

BofA sees 51% rise in API use for real-time treasury needs

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit