Search

Table 3.14 Selected COVID-19 support measures related to businesses and trade in the Budgets, 2020-23
(...)
2021-22 Budget: (...) • implement three-year Green and Sustainable Finance Grant Scheme(...)

Table 3.14 Selected COVID-19 support measures related to businesses and trade in the Budgets, 2020-23
(...)
2021-22 Budget: • inject funds to the Sustainable Agricultural Development Fund (SADF) and the Sustainable Fisheries Development Fund (SFDF)
(...)

Table 3.15 Tax incentives and tax holidays introduced, 2018-23
For businesses: (...)
Type: Environmental protection installations
Information: 100% profits tax deduction for capital expenditure incurred in relation to environmental protection installations.
Eligibility: All businesses
(...)

3.18 Main legislation on SPS measures
(...)
Instrument: Genetically Modified Organisms (Control of Release) Ordinance (Cap. 607)
Date: 1 March 2011
Latest amendment: 1 July 2022
Overview: Controls the import and export of GMOs

Table 4.2 AFCD loan programmes for fisheries, 2018-22
(...)
Grant: Sustainable Fisheries Development Fund (SFDF)
Grants issued: Number:24; Amount (HKD million): 154.8

Table A3.1 Incentives
(...) Services:
Programme: Green and Sustainable Finance Grant Scheme;https://www.hkma.gov.hk/eng/key-functions/international-financial-centre/bond-market-development/tax-concessions-and-incentive-schemes/
Objective: To promote green and sustainable financing activities in Hong Kong, China by providing subsidy to eligible bond issuers and loan borrowers to cover their expenses on bond issuance and external review services.
Agency in charge: Hong Kong Monetary Authority (HKMA)
Form of support: Subsidies are provided for the (i) general bond issuance costs and (ii) external review costs, capped at HKD 2.5 million and HKD 800,000 respectively per eligible bond issuance/ loan.
Total amount 2018-22(HKD million): The total subsidies granted in: 2021 (since the scheme was launched in May): HKD 56; 2022: HKD 94
(...)

Table A3.1 Incentives
(...) Services:
Programme: Pilot Green and Sustainable Finance Capacity-Building Support Scheme; https://www.greentalent.org.hk/
Objective: To support talent development in green and sustainable finance by providing subsidies to market practitioners, students and graduates in taking up relevant training and acquiring relevant professional qualifications.
Agency in charge: Centre for Green and Sustainable Finance (GSF Centre)[a]
Form of support: Subsidies are provided for the training and acquisition of relevant professional qualifications in sustainable finance. After completing eligible programmes, each applicant may apply for a subsidy of up to HKD 10,000.
Total amount 2018-22(HKD million): The Scheme was officially launched in December 2022, with HKD 200 million earmarked over a three year pilot period.
[a] The GSF Centre was launched in July 2021 by the Green and Sustainable Finance Cross-Agency Steering Group, which was jointly initiated by the HKMA and the Securities and Futures Commission (SFC) and established in May 2020. Other members include the Environment and Ecology Bureau (EEB), the Financial Services and the Treasury Bureau (FSTB), Hong Kong Exchanges and Clearing Ltd (HKEX), the Insurance Authority (IA), and the Mandatory Provident Fund Schemes Authority (MPFA).
(...)

2.4.  Moreover, the positive supply shock and favourable structural conditions enabled economic growth without generating inflationary pressures. Inflation was within the target range of 4.0% (with a tolerance band of ±1.0%) throughout the 2015-19 period. This stability, aided by the correct monetary policy management of the Central Bank of the Dominican Republic (BCRD), has kept the expectations of economic agents anchored, facilitated the private sector's investment and consumption decisions and helped to eliminate volatility that could affect the business climate and macroeconomic stability, laying the foundations for sustainable growth.

3.5.  Meanwhile, inflation reached 5.55% in 2020, the first time it had exceeded the upper limit of the monetary programme's target since the implementation of the inflation-targeting scheme. It should be noted that this indicator was subject to cost shocks owing to weather events that affected the supply of some foods, such as the drought at the beginning of the year and tropical storms that struck the country in the third quarter of 2020. (...)

6.2.  Over the years, END[the National Development Strategy] 2030 has been implemented following the planning set out in various National Multi-Year Public Sector Plans that are aligned with the development strategy in an organized manner that is consistent with the Sustainable Development Goals and the Government Programme. (...)