school
Macau Periodical Index (澳門期刊論文索引)
- Author
- Tse, Hon-Kong
- Title
- Development of green finance in Macau, with special reference to the experience of Luxembourg and Hong Kong
- Journal Name
- 澳門經濟：澳門經濟學會學報
- Pub. Info
- 2020年12月, 第49期, pp. 58-87
- Link
- https://www.macaueconomy.org/downloads/research/20201229/20201229P58.pdf
- Abstract
- Paragraph Headings： 1. Development of green finance 1.1. Green finance products 1.2. Global development of green finance 2. Green finance : challenges and theoretical foundation 2.1. Externalities 2.2. Maturity mismatch 2.3. Lack of clarity in green finance 2.4. Asymmetric information 2.5. Inadequate analytical capabilities 3. Green bonds 3.1. Development of green bond market 3.2. Benefits of green bond markets 3.3. Current developments of green bond markets 3.3.1. Use of proceeds by sectors 4. Development of green finance in Hong Kong 4.1. Market development 4.2. Regulatory developments 4.3. Policy developments 4.4. Certification by HKQAA 4.5. Green bond issuance 4.6. Government issuance 4.7. Sustainable and green exchange 5. Development of green finance in luxembourg 5.1. Luxembourg as an international financial centre 5.2. Luxembourg stock exchange (LuxSE) 5.3. Luxembourg green exchange (LGX) 5.4. LuxSE’s growing connections with China 5.5. LuxSE’s growing connections with Macau 6. Development of green finance in Macau 6.1. Development of bond market in Macau 6.2. First and award-winning green bond issuance in Macau 6.3. Government positions 7. What Macau can learn from Luxembourg? 8. Development of green finance in Macau – the road ahead 8.1. Legal infrastructure 8.2. Regulation and supervision 8.3. Market infrastructure 8.4. Certification 8.5. Professional talents 8.6. Government green bond program 8.7. Green banking in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) 8.8. Green finance development: beyond green bonds, beyond Macau 9. Conclusions Tables: 1. Top 30 cities of global green finance index (GGFI 5) 2. Global green bond issuance, 2014-Sep 2020(Unit : USD billion) 3. Use of proceeds by sectors in 2019 4. Comparisons between Macau and Luxembourg 5. Bonds issued/listed by MOX, 2018-2019