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Hong Kong broadens sustainable finance taxonomy framework to boost transition capital

2026-09-07 07:00 Policy & Governance 🔥 42.2 heat score
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On September 6, 2026, the Hong Kong Monetary Authority announced that it would expand the scope of the sustainable finance classification framework as part of its annual Green Week initiative. The authority launched Phase II B prototype of the “Hong Kong Sustainable Finance Classification Standards,” adding 10 economic activities in the areas of transportation, manufacturing, and waste management as green or transition categories, and reclassifying existing categories. This move aims to promote the inflow of transition capital by improving the classification system.

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HKMAHong Kong

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HKMA × Hong Kong1

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  • Hong Kong1
  • HKMA1

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S SCMP Tech en 2026-09-07 07:00

Hong Kong broadens sustainable finance taxonomy framework to boost transition capital

On Monday, as Hong Kong launched its annual Green Week, it announced an expansion of the sustainable finance classification framework, recognizing more economic activities as green or transition-related categories. The Hong Kong Monetary Authority (HKMA) introduced Phase II B prototype of the “Hong Kong Sustainable Finance Classification Standards,” adding 10 activities in the areas of transportation, manufacturing, and waste management, and reclassifying existing categories. This move aims to promote the inflow of transition capital by improving the classification system.