The Hong Kong Stock Exchange (HKEX) is stepping into the future of green finance with a bold move: exploring blockchain technology to bring trust and transparency to carbon credit trading. As shared by Zhou Guanying, HKEX’s Chief Sustainability Officer, the carbon market today faces serious issues — from fraud and double counting to inefficient cross-border tracking. Blockchain could be the game-changer. With its immutable ledger and smart contract features, HKEX envisions a system where every carbon credit is verifiable, traceable, and securely recorded. This isn’t just about upgrading a market — it’s about setting a global standard. By adopting blockchain, HKEX could lead Asia in building a next-gen carbon trading infrastructure that’s transparent, scalable, and aligned with global sustainability goals.
