Mr. Anthony Cheung, Board Governor of Friends of the Earth (HK)

FoE (HK) applauds the news published yesterday regarding the establishment of the GSF Cross-Agency Steering Group. The Steering Group was reported to aim at co-ordinating the management of climate and environmental risks to the financial sector and accelerating the growth of green and sustainable finance in Hong Kong.

Mr. Anthony Cheung, Board Governor of Friends of the Earth (HK) welcomes this launch. “It is truly an important step for Hong Kong, and we are delighted that it responds to our Green Finance Policy Address issued last year which recommended a co-ordinated effort to provide leadership and oversight for the development of green finance industry in Hong Kong”.

“Hong Kong has great potentials to be the world’s top green and sustainable financial centre, and the establishment of this Steering Group marks an exciting step for our city. We are hopeful and look forward to see a range of effective and co-ordinated policy responses, which will be crucial to foster a stronger green finance ecosystem allowing Hong Kong to excel in this global movement.”

*Link to the Joint statement on the establishment of the Green and Sustainable Finance Cross-Agency Steering Group: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2020/05/20200505-8/

*Link to the Friends of the Earth (HK) Green Finance Policy Address: Catching up with the World: https://www.foe.org.hk/FileUpload/Editor/GreenFinanceBlog/20190918/FoE’s%20Submission%20on%20the%20Policy%20Address%20(Green%20Finance)%202019.pdf  

Published by foehk@foe.org.hk