James Ding
Nov 27, 2025 02:03
The DFSA and HKMA co-hosted a climate finance conference, emphasizing sustainable finance innovation and collaboration between Asia and the Middle East.
The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) have successfully co-hosted the second Joint Climate Finance Conference, a hybrid event that took place in Dubai, UAE, attracting nearly 250 participants. This conference marks a significant initiative under the DFSA-HKMA partnership, aimed at bolstering climate finance efforts across the Middle East and Asia.
Focus on Climate Risks and Innovation
The conference centered on the financial risks associated with climate change and the role of innovation in addressing these challenges. Discussions highlighted the potential for the two regions to leverage their financial and technological strengths to develop innovative products and solutions. Such advancements are crucial for facilitating energy transitions and achieving sustainable development goals both regionally and globally.
Key Insights from Joint Research
A significant feature of the event was the presentation of findings from the DFSA-HKMA joint research titled “Scaling Sustainable Debt in Emerging Markets,” which was developed with BloombergNEF. This research underscores the importance of sustainable debt in scaling up climate finance in emerging markets, providing a foundation for future financial strategies.
Strategic Partnerships and Notable Speakers
Supported by strategic partners such as Dubai International Financial Centre Authority, Nasdaq Dubai, and Hong Kong Exchanges and Clearing Limited, the conference featured esteemed speakers from various sectors. These included leaders in business, commerce, and financial services from the Asia Pacific and Middle East and North Africa regions, emphasizing the event’s significance as a platform for dialogue and collaboration.
Leadership Perspectives
Mark Steward, Chief Executive of the DFSA, highlighted the opportunities for creating new pathways for sustainable investment through the combined strengths of international financial centers. He noted the potential of technologies like tokenization to enhance the transparency and efficiency of climate finance.
Darryl Chan, Deputy Chief Executive of the HKMA, emphasized the unique position of Dubai and Hong Kong in facilitating climate action across Asia and the Middle East. He stressed the urgency of bridging gaps between markets and sectors to capture the growth opportunities in green technologies.
For further details, visit the Hong Kong Monetary Authority.
Image source: Shutterstock
Source: https://blockchain.news/news/dfsa-hkma-foster-sustainable-finance
