"The Hong Kong Green Finance Policy Research Series" is a joint research report series by The Hong Kong University of Science and Technology (HKUST) and HKUST (Guangzhou) that analyzes Hong Kong’s progress and outlines steps to enhance its role as a green finance leader. The research draws on a longitudinal study on Hong Kong and a large-scale field study in leading global green finance centers, emphasizing the need for Hong Kong to fine-tune its strategies in this critical domain.
This report delves deeper into Hong Kong's strategic position and explains that developing a world-class green bond market is crucial for Hong Kong’s transition to a green and sustainable finance center. The research team proposes a roadmap which included harmonizing standards, building blended green bond principles, increasing government incentives, developing green finance talent, and strengthening supporting infrastructure. This report is recommended to be read in conjunction with "Hong Kong in Transition: A Paradigm Shift Towards a Green and Sustainable Finance Center" and "International Experiences in Green Finance Development: Lessons for Hong Kong", both part of the same series.