The Hong Kong Exchanges and Clearing (HKEX) signed a memorandum of cooperation to promote the development of the Guangdong-Hong Kong-Macao Greater Bay Area carbon market

Hong Kong Exchanges and Clearing (HKEX) signed a memorandum of cooperation with the three major carbon emission trading exchanges in Guangzhou, Shenzhen, and Macau to promote the development of the Guangdong-Hong Kong-Macao Greater Bay Area carbon market and green finance ecosystem. The four exchanges will explore cooperation opportunities, facilitate experience exchange and knowledge sharing, and enhance the professional capabilities of the carbon market and green finance. The Chief Sustainability Officer of Hong Kong Exchanges and Clearing (HKEX) stated that they are committed to building a vibrant regional carbon market, supporting enterprises in achieving net-zero emissions, and promoting exchanges and cooperation between domestic and foreign carbon markets