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Vigeo Eiris, Second Party Opinion of the first Green bond issued by the Government of the Hong Kong Special Administrative Region (the “HKSAR”)

This green bond issuance will finance or refinance in full or in part, government projects with environmental benefits. As set out in the HKSAR Green Bond Framework, eligible categories of projects covers eight areas: (i) Renewable energy, (ii) Energy efficiency and conservation, (iii) Pollution prevention and control, (iv) Waste management and resource recovery, (v) Water and wastewater management, (vi) Nature Conservation/biodiversity, (vii) Clean transportation and (viii) Green buildings.

Vigeo Eiris considers that the green bond issued by HKSAR is aligned with the four core components of the Green Bond Principles 2018.

The agency thus expresses reasonable assurance (our highest level of assurance) on the HKSAR’s commitments and on the project’s contribution to sustainable development.

It is likely to contribute to eight United Nations’ Sustainable Development Goals (“UN SDGs”), namely:

  • Goal 3. Good Health and Well-being,
  • Goal 6. Clean Water and sanitation,
  • Goal 7. Affordable and Clean energy,
  • Goal 9. Industry, Innovation and Infrastructure,
  • Goal 11. Sustainable Cities and Communities,
  • Goal 12. Responsible Consumption and Production,
  • Goal 13. Climate Action,
  • and Goal 15. Life on Land.

 

More information

Additional terms for Hong Kong only: Any Second Party Opinion or other opinion that falls within the definition of “advising on securities” under the Hong Kong Securities and Futures Ordinance (“SFO”) is issued by Vigeo Eiris Hong Kong Limited, a company licensed by the Hong Kong Securities and Futures Commission to carry out the regulated activity of advising on securities in Hong Kong. This Second Party Opinion or other opinion that falls within the definition of “advising on securities” under the SFO is intended for distribution only to “professional investors” as defined in the SFO and the Hong Kong Securities and Futures (Professional Investors) Rules. This Second Party Opinion or other opinion must not be distributed to or used by persons who are not professional investors.

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