The HKMA Infrastructure Financing Facilitation Office (IFFO) today (11 September 2019) hosted a panel discussion titled “Sustainable Finance in Infrastructure” at the fourth Belt and Road Summit, looking into the business case
of adopting sustainable finance in infrastructure projects and the latest industry trends and offerings.
The panel discussion was moderated by Mr Darryl Chan, Executive Director (External) of the HKMA and Deputy Director of the IFFO and attended by the following industry leaders as speakers (in alphabetical order of last name):
- Mr Michael Barrow, Director General, Private Sector Operations Department, Asian Development Bank;
- Mr Herbert L W Hui, Finance Director, MTR Corporation Limited;
- Mr Mukhtar Hussain, Group General Manager, Head of Belt & Road Initiative and Business Corridors, Asia Pacific, The Hongkong and Shanghai Banking Corporation Limited;
- Mr Neil Johnson, Managing Director, Macquarie Infrastructure and Real Assets, Macquarie Asset Management; and
- Mr Mushtaq Kapasi, Managing Director and Chief Representative, Asia Pacific, International Capital Market Association.
There is a growing emphasis on integrating sustainability factors into infrastructure development, in view of its direct impact on the financial and operational performance of the assets. The panel speakers discussed the key trends in
sustainable finance, the merits of incorporating Environmental, Social and Governance (ESG) factors into business decisions, and how those factors have transformed the investing and financing behaviours.
HKMA Infrastructure Financing Facilitation Office
About HKMA Infrastructure Financing Facilitation Office (IFFO)
As part of the HKMA, IFFO’s mission is to facilitate infrastructure investments and their financing by working with a cluster of key stakeholders.
The functions of IFFO are:
- providing a platform for information exchange and experience sharing;
- building capacity and knowledge on infrastructure investments and financing;
- promoting market and product development; and
- facilitating infrastructure investment and financing flows.
By establishing IFFO, the HKMA can play a valuable role as a catalyst in the facilitation of infrastructure investments and their financings with its mandate to promote Hong Kong as an international financial centre.
For more information about IFFO, please visit http://www.iffo.org.hk.