Hong Kong Leads Asia Green Bond Sales Amid Infrastructure Boom

Bloomberg News

Hong Kong Leads Asia Green Bond Sales Amid Infrastructure Boom
Hong KongGreen BuildingsGreen Bonds
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(Bloomberg) -- Hong Kong’s popular green bonds are becoming a key tool to cover infrastructure costs set to peak in the next several years.Most Read from...

-- Hong Kong ’s popular green bonds are becoming a key tool to cover infrastructure costs set to peak in the next several years.World's Second-Tallest Tower Tests Malaysia's Appetite for More Skyscrapers

“The allocation of green bond proceeds to green buildings is in line with our policy objective,” the spokesman said, in an emailed reply to questions. One of the most expensive new projects, the Kai Tak Sports Park, derived nearly 40% of its projected cost of HK$32 billion from green bonds as of July last year, the 2023 Green Bond Report shows.

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