Hong Kong government leads Asia in green-bond issuance, becomes fifth largest worldwide

The Hong Kong government has become the largest source of climate-aligned government bonds in Asia and the fifth largest cumulative issuer of government green bonds in the world, according to a new report from the Climate Bonds Initiative.

The city’s sustainable debt market achieved its largest growth yet in 2023, increasing by 236 per cent year on year to US$18.2 billion, according to the non-profit’s report on Monday.

Source: TRADE FINANCE