HKMA and DFSA Joint Climate Finance Conference
The HKMA and DFSA are set to co-host a Climate Finance Conference in September 2024 to promote sustainable finance cooperation between Asia and the Middle East. The conference will provide a platform for stakeholders to discuss transition finance, share insights, and collaborate on climate goals.
Promoting Sustainable Finance
This conference marks a significant milestone in the HKMA–DFSA partnership, aiming to enhance collaboration in sustainable finance between Hong Kong and Dubai. By addressing the opportunities and challenges of transition finance, the event seeks to foster practical conversations and strengthen ties between the two regions.
Key Discussions and Speakers
The conference will feature engaging discussions, including a fireside chat between Eddie Yue, Chief Executive of the HKMA, and Ian Johnston, Chief Executive of the DFSA. Additionally, high-profile speakers will lead panels on topics such as achieving a net-zero transition and the future of transition finance.
Regional Cooperation on Climate Goals
As Asia and the Middle East strive to achieve net-zero emissions, collaboration is crucial in overcoming shared challenges, such as reducing reliance on fossil fuels and embracing sustainable growth strategies. The conference aims to facilitate dialogue and knowledge-sharing to support both regions in reaching their climate objectives.
About HKMA
The HKMA operates as Hong Kong’s central banking institution, focusing on maintaining currency stability, promoting financial system integrity, and sustaining the city’s international financial hub status. Additionally, the HKMA manages the Exchange Fund to support economic stability and development.
About DFSA
The DFSA functions as the independent regulator of financial services within the Dubai International Financial Centre (DIFC), overseeing various financial sectors like asset management, banking, securities, and Islamic finance. Furthermore, the DFSA enforces anti-money laundering and counter-terrorism financing laws within the DIFC to ensure financial integrity and security.
Hot Take: Elevating Sustainable Finance Cooperation
As a supporter of sustainable finance, attending the HKMA–DFSA Joint Climate Finance Conference can offer valuable insights, networking opportunities, and a deeper understanding of the transition finance landscape. Stay informed, engage in meaningful discussions, and contribute to advancing climate goals through sustainable financial practices.