The Government today released its Green Bond Report 2024, which sets out the allocation of the proceeds raised from green bond issuances and the expected environmental benefits of the projects financed. 

The Government has so far issued green bonds totalling close to HK$220 billion in value to fund various green projects in Hong Kong.

Secretary for Financial Services & the Treasury Christopher Hui said the report provides comprehensive information on the projects funded by the Government Sustainable Bond Programme, demonstrating to investors the actual contributions brought by their investments in green bonds to sustainable development.

He added that the Government will continue to integrate green finance with fintech, provide a transparent and well-defined sustainability reporting pathway for businesses in Hong Kong, consolidate the city’s position as a regional and international green and sustainable finance hub, and drive and support enterprises in green transformation.

The proceeds raised by the Government through issuances of green bonds have been fully allocated to or earmarked for green projects. These include the North East New Territories Sewerage System Upgrade; the Redevelopment of the Prince of Wales Hospital, Phase 2 Stage 1; the Yuen Long Barrage Scheme, and the Improvement of Yuen Long Town Nullah Town Centre Section.

Click here for the report.