Hong Kong's Leadership in Green Finance and Innovation

According to Foresight News, Hong Kong's Financial Secretary, Paul Chan, emphasized in his latest blog post that Hong Kong is a leader in green and sustainable finance in Asia. He highlighted the importance of not only focusing on the volume of financial products but also on providing innovative solutions to meet the diverse development needs of various countries and regions. Catastrophe bonds and infrastructure securitization were cited as prime examples of such innovation. The Hong Kong Monetary Authority (HKMA) is actively exploring how tokenization can enhance the issuance and trading of carbon credits through the Ensemble sandbox project source: https://www.binance.com/en/square/post/29668263003361?utm_source=BinanceNewsRSS