International Experiences in Green Finance Development

5 6. Lessons Learned from the Leading Green Finance Centers for Hong Kong 49 6.1 Top-level Policy Design: Incorporate Sustainable Development into 50 the Green Policy System, and Release Clear High-level Policy Signal 6.2 Coordination Mechanism: Create a Communication and Coordination 51 Mechanism to Combine Government Efforts with Market Forces and Converge Capitals from Both Public and Private Sectors 6.3 The System: Build a Diversified System of Green Financial Products and Tools, 53 Establish Information Disclosure and Green Classification Standards, and Promote Information Transparency and Consistency 6.4 Talent: Establish an Integrated Network of Interdisciplinary Professionals, 55 and Develop an Innovative Society Appendix: Green Finance Development in Beijing, Shanghai, Shenzhen and Guangzhou 58 Beijing 59 Shanghai 62 Shenzhen 66 Guangzhou 71 Abbreviations 76 Supporting Organizations 78