CESGA under the Pilot Green and Sustainable Finance Capacity Building Support Scheme
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.
CESGA Programme Identification Code: GTP-260223
Effective date under the Scheme*: 2022/12/13
* The Pilot Green and Sustainable Finance Capacity Building Support Scheme only accepts reimbursement applications in relation to an Eligible Programme with an enrolment date that is on or after the effective date of such Programme
This programme is one of the Eligible Programmes under the Pilot Green and Sustainable Finance Capacity Building Support Scheme, which can be found at https://greentalent.org.hk/.
The Pilot Green and Sustainable Finance Capacity Building Support Scheme in Hong Kong is designed to enhance the expertise and knowledge in green and sustainable finance. If you are planning to apply or have already applied, here is some crucial information you need to be aware of:
CESGA Common Exam Schedule: The Common Exam for CESGA (Certified Environmental, Social, and Governance Analyst) is a significant part of this scheme. It is conducted four times a year. You can find the official dates for the exam by following this link https://effas-academy.com/product/effas-certified-esg-analyst-cesga-4-1-online-course-certification/ . Please ensure you are well-prepared and register for the exam well in advance of your desired date.
Results Disclosure: After you have taken the CESGA Common Exam, please note that the results are disclosed around 8 weeks after the exam date. This allows for thorough marking and verification to ensure accuracy and fairness in the assessment.
E-Diploma for Successful Candidates: For those who pass the exam, and provided all necessary permissions are granted, an e-Diploma will be issued. This digital diploma will include the completion date of the exam, serving as proof of your qualification. It would be a valuable addition to your professional portfolio, showcasing your expertise in green and sustainable finance.
Reimbursement Application Process: Successful completion of the Eligible Programme entitles you to apply for reimbursement. It is crucial that you submit your reimbursement application through the Scheme’s application portal, which can be accessed at https://www.greentalent.org.hk/auth/login. Please be mindful that this application must be submitted within 3 months from the completion date of your Eligible Programme. Late submissions will not be accepted, so it is advisable to apply as early as possible.
IMPORTANT NOTE: The completion date of the programme is the result issuance date, which appears centered in the Diploma of successful candidates below the title Certified Environment Social and Governance Analyst, stated as “Date of Completion”. The completion date is NOT the date of the exam or the “printed on” date of the diploma, which refers to the date the holder downloads the document from the EFFAS e-certificate secure system.
This scheme is a fantastic opportunity for finance professionals looking to expand their knowledge and skills in the rapidly growing field of green and sustainable finance. Please ensure that you keep track of all important dates and requirements to make the most of this opportunity. Good luck with your application and preparation for the CESGA Common Exam!
