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Paul Chan: HK to Integrate Blockchain Tech with Green Finance to Attract More Green Capital
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Financial Secretary Paul Chan visited Beijing, and attended the opening session and a thematic symposium of the China Development Forum 2026 yesterday (22nd). In his speech, Chan mentioned that Hong Kong is firmly advancing towards carbon neutrality, with targets of halving carbon emissions by 2035 and achieving carbon neutrality by 2050. It has been making solid progress. In 2024, Hong Kong's per capita carbon emissions fell to about 4.4 tonnes, roughly one-quarter of that of the US and a60% of that of the European Union. Looking ahead, Hong Kong will continue to take forward its decarbonization work along four major directions, namely net-zero electricity generation, energy saving and green buildings, green transport and waste reduction. Hong Kong is committed to contributing "Hong Kong's strength" to the regional and global green transition, leveraging two core engines of green finance and green technology, Chan noted. This includes maintaining its leading position in green and sustainable debt and integrating blockchain technology with green finance to attract more green capital. At the same time, Hong Kong will continue to align its green finance standards with international best practices. AASTOCKS Financial News Website: www.aastocks.com |
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