This is a past event. Registration is closed. View other AmCham HK events.
12:30 – 2:00pm. In March 2015, The People's Bank of China (PBOC) published a summary report of the Green Finance Task Force, 'Establishing China's green financial system,' which sets out fourteen areas for action. This was followed in September 2016 by a set of guidelines explaining how this would be achieved. The PBOC estimates that China will need to invest RMB 3-4 trillion in green projects each year during the 13th five-year plan period.
Here in Hong Kong, the Financial Secretary's Budget Speech 2016-2017 made reference to green finance, and stated that the government will strengthen efforts to highlight Hong Kong's competitive edge in developing green financial products. The Financial Services Development Council (FSDC) has since published its recommendations to government, in FSDC paper 23, 'Hong Kong as a regional green finance hub.' There are early signs of adoption among the business community, with The Link REIT, MTRC and CLP issuing   green bonds.
The government's Climate Action Plan 2030+, published in January 2017, sets out the need for the financial services sector to play a role in climate change and green finance.
Come along to this lunchtime talk to hear Dr Ma Jun, Chief Economist, Research Bureau, PBOC, and Chair of the Green Finance Committee share his views on how China is leading the world on green finance.
The event will open with welcoming remarks by Christine Loh. Dr Ma will then present his keynote speech on the latest green finance activities, after which the Hong Kong panellists will discuss green finance development, opportunities and implications for Hong Kong businesses.
Hosted by the Environment Committee  and Financial Services Committee
Partner/Supporting Organisation:
       
Venue Sponsor:

Location

PricewaterhouseCoopers Ltd
21/F Edinburgh Tower
15 Queen's Road

Central, Hong Kong

https://goo.gl/maps/RXqpHA4XVKP2

See route

Sponsors and Partners