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The following is issued on behalf of The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group). MPFA is a member of the Steering Group.

The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) launched today (12 October) the Sustainable Finance Internship Initiative (the Initiative), which aims to create more internship opportunities in Hong Kong for students, as part of a collaborative effort to build capability for the industry.

The Steering Group has been working closely with the industry and academia to address capacity and data constraints, developing resources for market participants.  The Initiative goes one step further by offering students an opportunity to gain practical hands-on experience in sustainable finance, deepen their understanding of this sector and related career prospects, thereby inspiring them to specialise in this field.

To facilitate access to sustainable finance internships, postings will be centralised at the internship repository of the Centre for Green and Sustainable Finance.  The Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority are encouraging their respective constituents to join the Initiative.  Steering Group agencies will also soon commence hiring interns to support their own policy and market development work in sustainable finance.

Further information can be found at the Centre for Green and Sustainable Finance’s webpage.

Green and Sustainable Finance Cross-Agency Steering Group

12 October 2022

About the Steering Group

Established in May 2020, the Steering Group is co-chaired by the Hong Kong Monetary Authority and the Securities and Futures Commission.  Members include the Environment and Ecology Bureau, the Financial Services and the Treasury Bureau, the Hong Kong Exchanges and Clearing Limited, the Insurance Authority and the Mandatory Provident Fund Schemes Authority.  The Steering Group aims to co-ordinate the management of climate and environmental risks to the financial sector, accelerate the growth of green and sustainable finance in Hong Kong and support the Government’s climate strategies.

About the Centre for Green and Sustainable Finance

The Centre for Green and Sustainable Finance is a cross-sector platform launched by the Steering Group in July 2021.  The Centre co-ordinates the efforts of financial regulators, relevant Government agencies, industry stakeholders and academia in capacity building and to improve data availability for the financial industry.