HKEX and GFEX to Cooperate on Development of Green and Low Carbon Markets in GBA

Hong Kong Exchanges and Clearing Limited (HKEX) announced its strategic collaboration with Guangzhou Futures Exchange (GFEX) in late August. In the future, both parties will focus on serving China’s goal of “Carbon Peak and Carbon Neutrality”, also aiming to actively explore new opportunities in both onshore and offshore markets, and jointly to drive the development of a green and low-carbon market in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), in order to promote sustainability and facilitating the development of the GBA. In addition, HKEX and GFEX are also to support China’s climate goals of reaching peak carbon emissions by 2030 and reach carbon neutrality by 2060.

For more information, please view

https://www.esgtoday.com/hkex-gfex-to-cooperate-on-development-of-green-and-low-carbon-markets/

https://www.hkex.com.hk/News/News-Release/2021/210827news?sc_lang=en