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Regulatory framework for carbon markets

The Carbon Market Workstream of the Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) is co-chaired by the SFC and Hong Kong Exchanges and Clearing Limited (HKEX).

On 30 March 2022, the Steering Group published its  preliminary feasibility assessment of carbon market opportunities for Hong Kong, which supports Hong Kong to develop a global, high quality voluntary carbon market, and foster cooperation with the Guangdong-Hong Kong-Macao Greater Bay Area and the Mainland.

On 28 October 2022, the HKEX launched , a major milestone following the publication of the feasibility assessment. This new international carbon marketplace will provide effective and transparent trading of voluntary carbon credits and instruments across Asia and beyond to connect capital with climate-related products and opportunities.

Last update: 29 Mar 2023

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