Central Banking

HKMA urges Hong Kong banks to go green

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Hong Kong's quasi central bank Wednesday called on the city's banks to sign a United Nations environmental awareness statement, and to consider producing their own formal environmental policy statements.

Hong Kong Monetary Authority deputy chief executive David Carse said more than 160 institutions have signed up to the UN Environment Program's statement, but none are from Hong Kong - apart from some international banking groups. "I would urge banks in Hong Kong to consider becoming signatories

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