Sustainable finance: ‘greenwashing’ concerns raised as Hong Kong airport floats US$4 billion bonds package to fund growth, decarbonisation

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Concerns about “greenwashing” have been raised by a climate campaign group after Airport Authority Hong Kong (AA), which operates the city’s international airport, raised US$4 billion by issuing a package of bonds that includes a US$1 billion five-year green bond.

Paris-based climate campaigner Reclaim Finance said the project itself raised “serious climate and biodiversity-related risks” and called on investors not to participate to avoid “greenwashing and reputational risks”.