SFST welcomes signing of MOU among HKEX and several carbon exchanges in Greater Bay Area
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Mr Hui said, "We attach great importance to carbon markets in the GBA and actively promote co-operation with them. As the first quadripartite agreement among the carbon exchanges within the GBA, this MOU marks new heights in the orderly and healthy collaborative development of the GBA's carbon markets. The Chief Executive's 2025 Policy Address proposed deepening pilot co-operation with the GBA carbon market, jointly building a regional carbon market ecosystem. The signing of the MOU among the HKEX and several GBA carbon exchanges fully demonstrates the determination of the Government and the HKEX in the continuous active promotion of co-operation and joint development with Mainland carbon markets through various means, consolidating Hong Kong's position as a leading sustainable finance centre in the region."
Core Climate, the HKEX's international carbon trading platform, is the only voluntary carbon credit trading platform in the world offering settlement in Hong Kong dollars and Renminbi. In addition to deepening co-operation with the GBA carbon market, the Chief Executive's 2025 Policy Address also announced that the Government will work with relevant Mainland regulatory departments and authorities to study issues surrounding the country's participation in the international carbon market. The Government and the HKEX will continue to work closely with relevant stakeholders to jointly enhance the carbon market ecosystem.
Ends/Tuesday, September 23, 2025
Issued at HKT 17:30
Issued at HKT 17:30
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