China Energy Conservation and Environmental Protection Group (CECEP) has long been committed to climate investments as one of the main forces and vanguards in China’s pursuit of green development. Climate investment and finance provide new opportunities for achieving NDC goals and high-quality economic growth. With the opportunities presented by the 14th Five-Year Plan, CECEP will formulate its own medium- and long-term strategic climate goals, actively promote climate investment and finance, and strive to open a new chapter in green development.
We are willing to join hands with all parties to build a beautiful China and a beautiful world. I hope that experts and scholars will actively participate in this article call.
Deputy General Manager, China Central Depository & Clearing Co., Ltd.
China Central Depository & Clearing Co., Ltd. (CCDC) is an important component of China’s financial infrastructure, a core platform for Chinese bond market operations, a supporting platform for the implementation of national macro-control policies, a platform for forming benchmarks for Chinese financial markets, and an important gateway linking the Chinese bond market to the outside world. As one of the directors of the Green Finance Committee, CCDC is committed to the principles of green development and has contributed greatly in supporting the development of green finance in China.
First, CCDC provides comprehensive services pertaining to green bonds over their entire life cycles, including issuance, registration and custody, transaction settlement, interest payments, valuation, collateral management, and information disclosure. Second, CCDC compiled and released China’s first batch of green bond indexes and the world’s first climate bond-related index in 2016, filling in a gap in China’s green bond markets. The index is currently published on the Luxembourg Exchange, the most influential of green bond exchanges. An ETF that tracks the ChinaBond Green Index is currently listed on the Taiwan Stock Exchange, enhancing the transparency and international influence of China’s green bond markets. Third, CCDC pioneered the non-labeled green bond identification and classification concept with CECEP Consulting to promote the development of market for green bonds. Fourth, entrusted by the Green Finance Committee, we have carried out research on systems for disclosing information on the environmental benefits of green bonds, and proposed an index system for the disclosure of such information to support government policies regarding green bond markets.
Looking into the future, CCDC will remain committed to its duties and work with colleagues in China’s green finance sector to promote innovation in and development of the green bond markets and contribute to the implementation of China’s green finance strategy. I extend a warm welcome to all participants in the Climate Investment and Finance Article Call, and wish this event every success.
It is a great pleasure to participate in this article call organized by the Climate Investment and Finance Association of the Chinese Society for Environmental Sciences. As we all know, the huge amounts of fossil fuels consumed by mankind have generated substantial emissions of greenhouse gases. Climate change caused by these emissions has damaged the ecological environment and impeded sustainable development. It has been shown that investment and financing play key roles in technological progress. In the face of global climate change, it is necessary to develop many new energy utilization technologies. Therefore, there is huge demand for capital.
However, effective investment and finance systems that support access to capital are the foundations for our fight against global climate change. As leaders of a technology company that focuses on environmental protection, we are especially focused on identifying and supporting small and medium-sized enterprises with key technologies through the climate investment and finance system that we have established, so that these enterprises can contribute to tackling climate change.
Director, Resources and Environment Business Department, China International Engineering Consulting Corporation; Deputy Director, CIFA
Dealing with climate change is China’s responsibility as a major nation, and part of China’s duty to firmly uphold multilateralism and accelerate the building of a community of shared future for mankind with the international community. Climate investment and finance will play an important role in China’s transition towards a green and low-carbon economy and society.
As a consulting firm that has long served national strategic imperatives, we have undertaken basic research regarding pilot climate investment and finance projects at the local level, as well as research on relevant standards and incentive policies. We sincerely hope to achieve consensus with all parties, seize the important opportunities for the development of climate investment and finance presented by the 14th Five-Year Plan, and thus make new contributions to achieving the 2030 NDC goals.