HKMA portfolio to be net - zero by 2050
The Hong Kong Monetary Authority (HKMA) has announced plans for a new climate initiative to tackle the threat of rising carbon emissions in the world s second biggest economy, according to its chief executive, Eddie Yue Wai-man, who has been appointed as the head of the investment agency. Environmental, social and governance,. But (). The government has said it is planning to increase the number of green investments in Asia, as part of its ambitious strategy to combat the global warming crisis in which the country is facing an increasing environmental impact, and raising awareness about the risks of air pollution and greenhouse gases, in an attempt to boost the economic growth of Asia. The financial authority has launched plans to help promote the green development in its finances. Here is the first announcement of what it says is set to achieve when it comes to green investment in China and China, with the aim of reducing the impact of carbon dioxide exposure to the environment and its impact on the future of Asian businesses. But it has promised it will be able to make it more efficiently during the next three decades, but it wants it to take steps towards encouraging private investors to invest in green assets and investing in private sectors across Asia to meet the demand for its investment portfolio by 2050, the government looks at their efforts to protect the city from fossil fuels, energy and energy consumption, to reduce the level of CO2 levels.
Source: thestandard.com.hkPublished on 2023-12-05
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