HK to extend Green Finance Capacity Building Support Scheme to 2028

To date, over 5,700 applications have already been approved under the scheme.

Hong Kong will extend the pilot Green and Sustainable Finance Capacity Building Support Scheme to 2028 to continuously support local green-finance talent training, said Financial Secretary Paul Chan in his Budget 2025-26 speech on 26 February.

To date, over 5,700 applications have already been approved under the scheme.

To bolster green technology innovation, the Hong Kong Science and Technology Park (HKSTP) will transform the InnoCentre in Kowloon Tong into a green technology hub—"GreenTech Hub"—bringing together more than 200 green technology companies. 

The HKSTPC will invite financial and business institutions, universities, and industry support businesses to partner with the admitted companies and provide support such as talent training, testing and application scenarios, and business matching.

As part of its broader green transition strategy, the government will provide tax exemption for green methanol used in bunkering. Additionally, it will also implement the Action Plan on Green Maritime Fuel Bunkering to position Hong Kong as a green maritime fuel bunkering centre.

To further drive decarbonisation in the aviation industry, the government will actively promote the application of Sustainable Aviation Fuel (SAF) at Hong Kong International Airport (HKIA).