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The 2022 Hong Kong GSS+ market saw a decline in bond volumes from local issuers due to macroeconomic pressures, but significant growth in debt arranged within the territory, totaling USD 80.5bn. The HKSAR Government remains a regional leader in green bond issuance, while the city continues to serve as a primary offshore financing platform for Mainland China's decarbonisation efforts.

The report examines the green infrastructure landscape of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), highlighting significant investment needs across sectors such as low-carbon transport, renewable energy, and green buildings. It details the role of green finance, specifically green bonds and asset-backed securities, in bridging the funding gap between public budgets and the capital required for climate-resilient infrastructure. The document provides a sample pipeline of 70 green and potentially green projects and offers six strategic recommendations to unlock private capital, including the harmonisation of green definitions and the promotion of local government green bonds.

The report highlights significant investment potential in the Greater Bay Area's green infrastructure, particularly in low-carbon transport, renewable energy, water management, waste management, green buildings, and new infrastructure. It emphasizes the need to move beyond public funding and PPPs by leveraging green bonds, green ABS, and international capital markets, while recommending the unification of green definitions across the region to attract global investors.

This report by the World Resources Institute (WRI) outlines a strategic pathway for China to achieve deep decarbonization by 2050, focusing on the critical transition period of the 14th Five-Year Plan (2021–2025). It argues that adopting a 'Strengthened Ambition Scenario' (SAS) can lead to significant economic and social benefits, including a net social gain of 6.5 trillion yuan in 2050 and the avoidance of 1.89 million premature deaths annually by that year. The report emphasizes the role of key economic regions—the Yangtze River Delta, Beijing-Tianjin-Hebei, and the Guangdong-Hong Kong-Macao Greater Bay Area—in leading the national transition by peaking emissions early.