Notice of the First Set of Guangzhou, Hong Kong and Macao Climate Investment and Financing Local Standards in China
On 27 June 2024, the Guangzhou Municipal Local Financial Regulatory Bureau issued the Notice of the First Set of Guangzhou, Hong Kong and Macao (“GBA”) Climate Investment and Financing Local Standards in China (“the Notice”). The Notice represents the will and action of organisations in GBA to work collaboratively to face the challenges of global climate change, and it is an important initiative for Guangzhou Nansha to work with Hong Kong and Macao to proactively explore solutions for climate change. The Notice supports the development of climate-friendly enterprises that meet the standard catalogue and provides funding for the green and low-carbon transformation of the economy and high-quality development. The Notice will be implemented from 27 June 2024.