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A record number of environment-friendly bonds were released from neighborhood issuers in Hong Kong in 2020, with 15 internationally straightened eco-friendly bonds and also one green car loan amounting to $2.1 billion, according to the Climate Bonds Campaign at its recent Hong Kong Environment-friendly Bond Market Instruction.
Low-carbon structures dominated use earnings, at 36%, complied with by low-carbon transportation, at 26%.
While overall quantity of eco-friendly bonds fell 18% from 2019, the expanding variety in issuance is stimulating Hong Kong’s authorities to increase efforts to make green bonds a more main part of achieving sustainability goals.
This consists of the launch of the new Eco-friendly and also Lasting Finance …
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