The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) published today (January 22) the Hong Kong Taxonomy for Sustainable Finance (Hong Kong Taxonomy) Phase 2A, marking an important step in facilitating green and sustainable capital flows and supporting the region's transition to a low‑carbon economy.
      
     The HKMA has been developing the Hong Kong Taxonomy in phases to provide a robust and transparent framework for classifying economic activities that contribute to green and sustainable development. Following the release of Phase 1 in May 2024, the HKMA launched a public consultation on the Phase 2A prototype in September 2025 to seek views on the expanded taxonomy coverage and relevant enhancements.
      
     The HKMA received numerous submissions from a diverse group of stakeholders, including banks, professional associations, asset managers, corporates, non-government organisations, think tank, and the public sector. Respondents generally supported the expansion in taxonomy coverage and the addition of transition elements and climate change adaptation category, and welcomed the further enhancement in clarity and practicality of the Hong Kong Taxonomy by the HKMA. 
      
     Drawing on the feedback gathered from the public consultation, the HKMA has refined the prototype for publication as the Hong Kong Taxonomy for Sustainable Finance Phase 2A. The HKMA also released a consultation report, which summarises the consultation feedback and the HKMA's responses.
      
     The Hong Kong Taxonomy is a living document. Development of the next phase is underway and will continue to be informed by market developments, government policies, industry priorities, and the latest technological advancements. The HKMA remains committed to actively engaging with market participants and broader stakeholders throughout the development process.
      
     The Hong Kong Taxonomy Phase 2A and consultation report are available on the HKMA website.

Ends/Thursday, January 22, 2026
Issued at HKT 15:00

NNNN