Hong Kong Monetary Authority & Dubai Monetary Authority Research Report: There is great development potential in the sustainable debt markets in the Middle East and North Africa region, as well as in the emerging markets in the Asia-Pacific region.

According to the Zhixin Financial APP, the Hong Kong Monetary Authority and the Dubai Financial Services Authority published a research report on November 18 titled "Expanding the Size of the Emerging Market Sustainable Debt Market." The research report shows that there is great potential for growth in the sustainable debt markets in the Middle East and North Africa region as well as the Asia-Pacific region. Many issuers and borrowers are not yet utilizing sustainable debt tools when financing sustainable projects. Governments can assist issuers in addressing the challenges of entering the market by offsetting the costs of issuing sustainable debt instruments and providing guidance and support measures. Encouraging more companies to issue sustainable debt, increasing the use of sustainable debt labels beyond green, and exploring new issuance structures can all provide growth opportunities for the market.