123 Street, New York, USA
Mon - Fri : 09.00 AM - 09.00 PM
+012 345 6789

Press Conference: Release of Hong Kong's Green Economy Industry Chain & International Signings Ceremony for Hong Kong's Largest Single Carbon Transaction

Press Conference: Release of Hong Kong's Green Economy Industry Chain & International Signings Ceremony for Hong Kong's Largest Single Carbon Transaction

Hong Kong Deputy to the National People's Congress (NPC) Mr. Chu Lap Wai and Vice Chairman of the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) Mr. Chan Hak Fung have been working alongside industry professionals to promote the development of green finance in Hong Kong and have engaged with relevant policy bureaus on establishing Hong Kong as a hub for the green economy in Asia.

To accelerate progress in carbon emission reduction and advance into the global carbon market valued at USD 3 trillion, the DAB facilitated the establishment of the "Carbon Offset Association." This platform aims to inject new momentum into Hong Kong's business environment. The Carbon Offset Association held its inauguration ceremony today, simultaneously announcing that the world's largest carbon asset company, Planex Ltd, and Arx Veritas are formally establishing their presence in Hong Kong, and signing the largest single carbon transaction in Hong Kong's history.

As a financial hub in Asia and the only place globally where transactions can be settled in Renminbi, Hong Kong Dollars, and US Dollars, Hong Kong plays a unique role in leveraging its connections with the mainland and international markets. The DAB supports the Carbon Offset Association in building a green economy industry chain in the Greater Bay Area, organizing carbon market-related courses to train professionals, establishing industry standards and certifications, encouraging business participation in carbon reduction, and assisting the government in implementing policies to make the green economy a new driver for Hong Kong's economy.

Hong Kong NPC Deputy Mr. Chu Lap Wai and Legislative Council Member and DAB Vice Chairman Mr. Chan Hak Fung witnessed the Carbon Offset Association sign multiple cooperation agreements with several major European institutions today. These include the formal establishment of Arx Veritas and Planex Ltd in Hong Kong, along with the announcement of their first carbon transaction in Hong Kong, which is also the largest single transaction in the city's history, valued at USD 10 million. Additionally, ESCP Business School signed a course collaboration agreement with the Carbon Offset Association to train internationally certified carbon market professionals in the Greater Bay Area. We also welcome Osapiens' announcement that it will hold the first ESG Summit in Asia in Hong Kong, further elevating the city's status in the international green economy. At the same time, Global Legacy signed a strategic partnership agreement with the Carbon Offset Association, under which 2,000 international family offices will invest in green industries in Hong Kong, bringing boundless business opportunities to the city.

The cooperation agreements signed are expected to achieve the following goals within three years: training and deploying 2,000 professionals, attracting 15 to 20 carbon service enterprises, facilitating carbon trading volume of HKD 15 billion, and creating 800 to 1,000 green jobs. Furthermore, the initiative aims to train over 500 internationally certified carbon managers annually, attract more multinational corporations to establish regional operations in Hong Kong, and increase the annual trading volume of carbon exchanges by 15% to 20%.

As a key platform for promoting Hong Kong's green economy, the Carbon Offset Association is dedicated to connecting Hong Kong's and China's green industries with the global market. It aims to leverage Hong Kong's role as a "super-connector" by advancing green finance, policy research, and technological innovation to establish the city as a hub for the green economy in Asia. Additionally, the Association will build a talent pool for the green industry in the Greater Bay Area, tap into the global carbon market valued at USD 3 trillion, provide carbon reduction solutions, and explore new frontiers in sustainable development, injecting new momentum into Hong Kong's diverse and international business environment.

________________________________________

August 29, 2025

Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1
Image 1

Address

Unit 12, 19/F, New Tech Plaza, 34 Tai Yau street, San Po Kong, Kowloon

+852 3709 8879

info@coa.org.hk

Opening Hours

Monday - Friday:

09.00 AM - 09.00 PM

Saturday - Sunday:

09.00 AM - 12.00 PM

Quick Link

About us

Newsletter

Dolor amet sit justo amet elitr clita ipsum elitr est.

© Carbon Offset Association, All Right Reserved.
Home About us