EFFAS is delighted to announce that on 12 December 2022 the Certified ESG Analyst (CESGA) was approved under the Pilot Green and Sustainable Finance Capacity Building Support Scheme in the Hong Kong Special Administrative Region (Hong Kong) (https://www.greentalent.org.hk/) with the Programme Identification Code: GTP-260223.
As announced by the Financial Secretary of the Hong Kong in the 2022-23 Budget speech, the Pilot Green and Sustainable Finance Capacity Building Support Scheme (Scheme) aims to support talent development in Green and Sustainable Finance (GSF) by providing subsidies to market practitioners as well as prospective practitioners in taking up relevant training and acquiring relevant professional qualifications. The Scheme will run for a pilot period of three years and is administered by the Secretariat of the Centre for Green and Sustainable Finance (Secretariat).
The Government of Hong Kong has allocated HK$200 million for the Scheme. Eligible applicants may apply for reimbursement of relevant fees upon successful completion of Eligible Programmes, subject to a ceiling of HK$10,000 and other conditions (visit: https://www.greentalent.org.hk/Individuals).
This initiative shows Hong Kong is firmly committed to promoting GSF to address climate-related financial risks, and raise market awareness as well as participation. To strengthen Hong Kong market players’ capacity on GSF, there is a critical need to expand the talent pool and enhance the capacity building for practitioners as well as prospective practitioners.
EFFAS’ representative in Asia, Mr. Anthony Cheung believes that the pilot scheme is a great milestone to accelerate not only green finance talent incubation, but to catalyse the green and sustainable finance development in Hong Kong.
EFFAS Chairman, Dr. Jesus López Zaballos, acknowledges the efforts and commitment of its local partner Friends of the Earth (HK) for getting the CESGA listed in the GSF repository’s list of international courses (click here for more information).
The European Federation of Financial Analyst Societies (EFFAS) together with its Asia-Pacific Partners and Representatives are delighted to see their efforts rewarded and recognised. EFFAS will continue to dedicate efforts to support green and sustainable finance education and build capacity for industry practitioners and young graduates. EFFAS looks forward to providing high quality training on ESG to the local community in Hong Kong strengthening Hong Kong market players’ capacity on GSF.