Apac transition finance urged to scale up

The Hong Kong Green Finance Association tells FA that Apac's economies need to turn taxonomies and corporate transition plans into financing at scale.

Transition bonds remain a small part of Asia Pacific (Apac)’s sustainable bond market, despite the region making up a significant portion of global sustainability issuance. Chaoni Huang, HSBC’s Asia head of sustainable finance and transition and executive vice president at HKGFA, told FinanceAsia that while sustainable finance has directed considerable capital towards low-carbon technologies and companies, much more can be done. 

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