Green Financing Opportunities for SMEs - Road to a Greener GBA
Green financing and ESG can play an important role in helping SMEs to grow. To help members learn more about the uses and benefits of green finance, a panel of experts shared their insights and experience at a seminar on 20 July.
Frank Heung, Head of Structured Finance, Commercial Real Estate and Corporate Advisory, Hang Seng Bank, and Dicky Lo, Advisor, ESG Matters, discussed how SMEs can capitalize on the growing green finance and ESG opportunities in the Greater Bay Area. Heung introduced the principles, applications and conditions that banks use when approving green loans. Lo suggested that SMEs should consider a clustering strategy to obtain more resources from the government or banks when implementing green projects.
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