Hong Kong is experiencing a shortage of skilled professionals in the green finance sector. HKUST Business School's Green Finance Research Group has recently conducted a study and made some recommendations to build a talent pool for green and sustainable finance in Hong Kong with learnings from overseas.
The UK, Singapore, and the EU have distinct approaches to developing expertise in green and sustainable finance. Singapore enhances the skills of government officials, and the EU focuses on educating professionals on regulatory requirements. The UK's comprehensive national green finance strategy and professional training programs could serve as a model for Hong Kong to attract and develop talent in the field.
By leveraging the strategies from these approaches, Hong Kong can foster the development of green finance talent and meet its targets for reducing carbon intensity and achieving carbon neutrality.