1、Hong Kong Green Market Briefing 2023 Climate Bonds Initiative 1Green and Sustainable Debt Market Briefing 2023HONG KONGJune 2024Green theme dominated GSS+bonds issued and arranged in Hong Kong USD18.2bn aligned volume of GSS+debt originating in HK in 2023,a year-on-year increase of 236%This is the s

2、ixth iteration of the Climate Bonds Hong Kong Sustainable Debt Market Briefing,produced by the Climate Bonds Initiative(Climate Bonds),in association with the Hong Kong Monetary Authority(HKMA)and Hong Kong Green Finance Association(HKGFA),and with support from Standard Chartered Bank.Using Climate

3、Bonds green,social,sustainability,(GSS)and sustainability-linked bond(SLB)(collectively GSS+)datasets based on place of risk,this series of reports provides a comprehensive overview of Hong Kongs sustainable debt market at the end of 2023.Hong Kong has formulated its own climate goals and strategies

4、 in response to the Paris Agreement and the Central Peoples Government decarbonisation agenda.This originated with the launch of Hong Kongs Climate Action Plan 2030+in 2017,which set three decarbonisation targets:absolute emissions,per capita emissions,and per GDP emissions.In 2021,the updated Hong

5、Kong Climate Action Plan 2050 consolidated these targets into reducing absolute emissions by 50%against a 2005 baseline by 2035,and neutrality before 2050.In conjunction,the HKSAR Government committed approximately HKD240bn(USD31bn)to climate change mitigation and adaptation over the next 15 to 20 y

6、ears.The HKSAR sustainable debt market has achieved significant growth in both relative and absolute terms.In 2023,aligned volume of GSS+debt originating from HKSAR reached USD18.2bn,representing a year-on-year(YOY)increase of 236%.Most of this debt(USD15.6bn)was issued under the green theme,while t