“Emerging Trends in Green Finance in China”

Beijing on November 3rd 2016

EMDF recently supported an expert discussion on emerging trends in green finance in China organised by the China Low Carbon Leadership Network (LCLN), as a platform for leading agents of China’s climate change sector and initiated jointly by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the China Carbon Forum (CCF). The event focused on recent efforts to promote green finance in China which have aimed both to increase the return on green investments and decrease the return on polluting investments. Nina Roth, Senior Advisor at GIZ, gave a brief introduction into GIZ’s efforts in this respect, among them the Strategic Alliance on Green Bonds and Environmental Stress Testing Tool.

Mr. Calvin Quek (Head of Sustainable Finance Program, Greenpeace) moderated the high-level panel with Dr. Joachim von Amsberg (Vice President - Policy and Strategy, Asian Infrastructure Investment Bank (AIIB)), Mr. Liu Jialong (Research Fellow, Green Finance Committee) and Dr. Guo Peiyuan (Director & Co-Founder, Syntao). The panelists discussed regional challenges, urgencies, and necessities for harmonizing economic, environmental, and social development. The speakers pointed out the aggravation of climate change consequences through intense pollution of air, soil, water, etc.; the potentially positive impact of sustainable infrastructure projects; and the important role of AIIB in the region and for sustainable finance in general. The debate ended with a lively Q&A session and was rounded off by networking discussions among the participants from Chinese as well as international academic, private sector and NGO backgrounds.