Mandatory Provident Fund Schemes Authority (MPFA)’s Post

Stay tuned for the first CASI webinar tomorrow on #sustainablefinance trends and opportunities 👀

Hong Kong Green and Sustainable Finance Cross-Agency Steering Group (CASG) releases sustainable finance development measures to seize the investment opportunities brought about by the low-carbon transition and consolidate Hong Kong’s role as a global sustainable finance center

I'm honored to have moderated a panel today in Tbilisi on the critical topic of sustainable finance at the Sustainable Finance Forum, organized by the National Bank of Georgia and supported by the Sustainable Banking and Finance Network and IFC's ESG Advisory Program Europe and Central Asia. This session was a key conversation for our region, focusing on the development of green taxonomy and the essential role of regulatory frameworks. It's clear that these discussions are foundational for directing investments towards sustainable and socially responsible projects. The importance of sustainable finance for promoting economic resilience and environmental stewardship in our region cannot be overstated. Joining this conversation was a remarkable opportunity to highlight how sustainable finance is pivotal in driving positive change and ensuring that economic growth and sustainability advance together. #SustainableFinance #GreenTaxonomy #EconomicGrowth #EnvironmentalStewardship #Tbilisi #NationalBankOfGeorgia #ESG #IFC

Thank you to the financial industry for recognising our green financing efforts, esp. Hong Kong’s first and largest-ever corporate public RMB3.2 billion green bonds, launched in 2023. https://lnkd.in/ejEQi7QW In particular, we’re delighted to win the accolade “Best ESG Issuer in Asia” at the prestigious FinanceAsia Achievement Awards 2023 – topping over 680 high-calibre organisations. Looking to the future, we’ll continue to: pursue our target of a minimum of 80% of bond and loan facilities from green financing by 2030; support the HKSAR Government’s master plan on green transition and carbon neutrality; and do our part to develop Hong Kong into an international centre for green tech and finance. [AWARDS] ∙ Best ESG Issuer in Asia @ FinanceAsia Achievement Awards 2023; ∙ Deal Awards (Asia) – Best Sustainable Finance Deal (Hong Kong SAR) @ FinanceAsia Achievement Awards 2023; ∙ Country awards – Renminbi Bond @ IFR Asia Awards 2023; ∙ Best Green Bond – Real Estate (Hong Kong SAR) @ The Asset Triple A Sustainable Finance Awards 2024 #SwireProps #SD2030 #SustainabilityWeAllCount #Sustainability #FinanceAsia #IFRawards #TheAsset

I'm happy to share that I've completed the course "Introduction to Sustainable Finance Taxonomies" developed by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of Federal Ministry for Economic Cooperation and Development (BMZ) and in cooperation with IFC - Sustainable Banking and Finance Network (SBFN). Sustainable finance taxonomies provide clear definitions and classifications of sustainable economic activities. They can be used to assess whether or to what extent an economic activity is aligned with sustainability. This course explains an overview of sustainable finance taxonomies, their relevance, purpose and different use cases. It also provides lessons on applying theory in practice through in-depth case studies and real-world examples from China, Colombia, the EU, and South Africa. #taxonomy #greenfinance #sustainabledevelopmentgoals

At the Hamburg Sustainability Conference on October 8, 2024, Jan van Bilsen, IFC’s Country Manager for Germany, Denmark, Finland, Norway, Sweden, and Switzerland, represented both IFC - International Finance Corporation and the Sustainable Banking and Finance Network (SBFN) in an insightful panel discussion titled, “Fit-for-Purpose- International Sustainable Finance Frameworks,” on creating interoperable Sustainable Finance frameworks. Along other global leaders such as Rémy Rioux (Agence Française de Développement), Amadou Hott (African Development Bank Group), Anna-Katharina Hornidge (German Institute of Development and Sustainability (IDOS), David Kuijper (European DFIs - EDFI), and Jochen Flasbarth (Federal Ministry for Economic Cooperation and Development (BMZ), IFC discussed the urgent need for harmonized standards, increased capacity building, and inclusive approaches to support sustainable finance across emerging markets. 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ➡️𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐍𝐞𝐞𝐝𝐞𝐝: An aligned taxonomy is crucial but challenging. SBFN collaborated with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to develop a free e-learning on Sustainable Finance Taxonomies. IFC and SBFN are also working with the Central Bank of the Azerbaijan Republic and international partners, to propose a roadmap to advance taxonomy interoperability and comparability at COP29. ➡️𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠: IFC and SBFN, with partners, offer capacity building and technical assistance at global, regional and local levels in the EMDEs. ➡️𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡: International frameworks should promote inclusive practices across the financial sector, including providing access to social and green finance for MSMEs. Through SBFN, IFC is driving sustainable finance forward for a resilient, inclusive, low-carbon economy. #SBFN #IFC #SustainableFinance #ESG #ClimateAction Rong Zhang | Makaio Witte | Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH | IFC Climate & Sustainability

Ceren Ceyhan and Nihal Dilan Cantürk represented KST Law at the #ESG & #Sustainable #Investment Forum Türkiye, organized by The British Chamber of Commerce in Turkey and EEL Events. This insightful event brought together leaders and experts to discuss the future of sustainable investment, responsible business practices, and the evolving landscape of ESG (Environmental, Social, Governance) in Turkey. It was a great opportunity to explore new perspectives on integrating sustainability into business strategy and investment. #SustainableInvestment #ESG #BusinessStrategy #Turkey #ResponsibleInvestment #SustainableFuture

Today World Benchmarking Alliance along with 10+ organisations and experts working on #JustTransition delivered an open letter to the #G20Brazil Sustainable Finance Working Group (SFWG). The open letter provides four key recommendations on how to incorporate just transition in the G20 finance track and inform progress as part of the G20 SFWG transition finance framework.  Advancing credible, robust and just transition plans is also one of the key priorities identified under the SFWG agenda for this #brazilian #g20 Presidency. Thanks to all the organisations and individuals who were able to sign Natural Resource Governance Institute We Mean Business Coalition Council for Inclusive Capitalism Grantham Research Institute on Climate Change & the Environment Rights CoLab The B Team WWF Caroline Rees Tamara Krawchenko, PhD Patrick Rondeau Aaron Cantrell Rob Macquarie and to UNDP Sustainable Finance Hub Delfina Monteverdi Laure-Anne Parpaleix for your support!  We look forward to continue working with the G20 SFWG to streamline just transition in the SFWG transition finance framework and support the implementation of just transition as part of the G20 Brazil presidency. https://lnkd.in/eGekuRxM

Aligning Japan's sustainability disclosure standards with the ISSB guidelines is crucial for enhancing transparency, accountability, and comparability in ESG reporting. This would streamline ESG assurance and assessment processes, resulting in more reliable and consistent data. International Sustainability Standards Board (ISSB) #ESG #Assurance #Reporting #Quality