(CFP Photo)

The Jiangsu-Hong Kong Green Finance Exchange was held in Nanjing on September 26.

The event was jointly organized by Hong Kong Trade Development Council, the province's Department of Ecology and Environment and Department of Commerce as well as Hong Kong and Macao Affairs Office of Jiangsu Provincial People's Government.

Representatives from HKEX, Hong Kong Green Finance Association, Hong Kong Quality Assurance Agency and 11 banks and financial services institutions based in the city joined the business matchmaking event with 24 companies from Jiangsu, which presented more than 30 projects featuring eco-friendly development with an effort to raise 20 billion yuan in total.

Hong Kong has been the largest source of foreign direct investment into Jiangsu and also the top destination of the province's outbound investment. The city is also rising quickly as a global hub for green bond finance, trade and certification.

In 2021, funds raised through green bonds or loans in Hong Kong totaled 57 billion. Including 31.3 billion dollars' worth of green and sustainable bonds, ranking first in Asia.