The Hong Kong Monetary Authority (HKMA) publishes the Phase 2A "Hong Kong Sustainable Finance Taxonomy".
The Hong Kong Monetary Authority today released the Phase 2A of the "Hong Kong Sustainable Finance Taxonomy", taking an important step towards promoting green and sustainable funding and supporting low-carbon transformation within the region. The HKMA has developed the "Hong Kong Taxonomy" in phases, aiming to establish a robust and transparent framework to define economic activities that contribute to green and sustainable development. Following the release of Phase 1 of the "Hong Kong Taxonomy" in May 2024, the HKMA conducted a public consultation on the prototype of Phase 2A in September 2025, seeking feedback on expanding the scope of the taxonomy and related optimization measures. During the consultation period, the HKMA received feedback from various stakeholders, including banks, professional bodies, asset management companies, businesses, non-governmental organizations, think tanks, and public institutions. Respondents generally supported expanding the scope of the taxonomy, incorporating transition elements and climate adaptation categories, and welcomed further enhancements to the clarity and practicality of the Hong Kong Taxonomy.
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