Transition finance: Asia grapples with uncertainty, eyes progress

Chaoni Huang, at the Hong Kong Green Finance Association and BNP Paribas, tells FA that taxonomy and definition uncertainties are hampering Apac’s transition finance market, and that growing interest and standardisation attempts should help.

At Hong Kong Green Finance Association’s (HKGFA) seventh annual forum held in October, the city’s financial secretary, Paul Chan Mo-po, ambitiously said that Hong Kong could be “Asia’s leading transition finance hub”. In his opening speech, he cited a robust regulatory framework, well-developed financial infrastructure and market, and compliance expertise, as the Special Administrative Region’s (SAR) main advantages.

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