Paul Chan: Hong Kong Monetary Authority is exploring how tokenization can improve the issuance and trading of carbon credits

Jinse Finance reported that Hong Kong Financial Secretary Paul Chan Mo-po published a blog post titled "Co-creating a Sustainable Future for the World," in which he pointed out that last year, the scale of funds managed by "impact investing" was estimated to reach 1.6 trillion US dollars, and it is expected to increase to 6 trillion US dollars by 2031. The Hong Kong Monetary Authority is currently exploring how tokenization can improve the issuance and trading of carbon credits to enhance the liquidity and depth of the carbon market. During this year's Hong Kong Green Week, participants discussed blended finance, which involves leveraging guarantees or support from the public sector to attract more market capital into related projects.