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Global and Local Insight Shared at Green Real Estate Finance Event Series

14 May 2018

Exclusive Green Finance Luncheon features Government official, top level management and chief financial officers of major developers in Hong Kong, as well as experts from GRESB for a fruitful sharing on green finance development.
Green Finance in Real Estate Roundtable discusses
various topics of green finance development among
professional institutes, think tanks, public bodies and
representatives from financial and construction sectors.

A recent collaboration between HKGBC and international ESG performance benchmarking agency GRESB brought a series of events during 9-11 May in Hong Kong that initiated in-depth discussions on the latest development of green finance, providing both global and local perspectives to different stakeholders in the real estate industry.

On 9 May, the GRESB-APREA Green Real Estate Financing & Investing Seminar first examined real estate opportunities in the context of green finance and investment strategies. The seminar, which was supported by the HKGBC and WorldGBC APN, was well-attended by over 130 participants including many HKGBC Members.

The Roundtable co-organised by HKGBC and GRESB on 10 May focused on analysis of the market enablers, relevant frameworks and standards as well as government regulations and the impact to real estate sector, with the presence of professional institutes, think tanks, public bodies and representatives from financial and construction sectors. Speakers discussed the green finance instruments that are available, such as green loan and green mortgage, and how these emerging tools could fill the investment gap created by the opportunities from the climate actions and the Paris Agreement, as well as the development needs in China, while guests were engaged in a dynamic exchange of ideas. Read the full event report HERE.
 

Mr Joseph Chan, Under Secretary for Financial Services and the
Treasury talks about the latest government policy on boosting
green finance during the Exclusive Green Finance Luncheon.

The event series concluded with an Exclusive Green Finance Luncheon hosted by the HKGBC on 11 May with a strong guest line-up featuring top level management and chief financial officers of major developers in Hong Kong. Mr Joseph Chan, Under Secretary for Financial Services and the Treasury of the Government of the HKSAR was invited to share the latest government policy on boosting green finance. Sharing of first-hand experience of green bond issuance from Swire Properties, The Link and MTR offered interesting insight like the immense demand of green financial instruments from European investors, which was valuable for peer developers’ upcoming action in green finance market.

The Green Real Estate Finance Event Series is a fruitful beginning to HKGBC’s future conversation and engagement with the financial sector, which is also a vital step for us to lead a comprehensive market transformation in Hong Kong for the creation of a sustainable built environment.

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