Video Messages for Article Call 2020 ③
Date:2020-07-16
General Manager, Treasury Department, Agricultural Development Bank of China
The climate is closely related to humanity, while we have currently reached a critical phase in global climate governance. Climate investment and finance serves as vital links in combating climate change and strengthening climate governance. It is the shared mission of all parties, including colleagues in the financial sector, to take concerted action to address this issue. The public nature of climate governance is highly in tune with the goal of policy financing to advance public welfare.As the only agricultural policy bank in China, the Agricultural Development Bank of China, through national credit and the markets, focuses on raising financial funds to support the development of agriculture, rural areas and farmers. Agricultural and rural ecosystems are closely related to humans and are of vital significance in mitigating the effects of climate change. The Agricultural Development Bank of China has always upheld its mission to support national agriculture and benefit the people, and has supported the development of mountains, rivers, forests, farmlands, lakes and grasslands ecosystems. Through innovative development of green credits, green bonds, and other green financial products, we have continued to explore the transition towards the framework that “lucid waters, and lush mountains are invaluable assets” to provide unique policy financing services for improving the climate and the environment. In collaboration with CBI, we have recently concluded research on China’s green agricultural standards and models of financial support. In the near future, we will promote the commercial application of our research outcomes. There remains a long way to go in addressing climate change, but where there is a will, there is a way. I sincerely wish this Climate Investment and Finance Article Call every success, and sincerely hope that all experts and scholars will contribute their insights during this event, work together in developing our joint response to climate change, focus our energies on green development, and thus benefit future generations.Chairman, Guangdong Reduce Carbon Technology Co., Ltd.The pandemic has made us realize that climate change has created multiple ways for viruses to invade human habitats, which has prompted us to take climate change and low-carbon development goals more seriously, and advance the development of climate investment and finance through the role of the market in optimizing resource allocation. This has become even more important given the urgent need for post-pandemic green recovery. We hope that researchers from all walks of life, especially younger researchers, will actively contribute to this article call and offer suggestions on how climate investment and finance can promote a more inclusive economic recovery. The Environmental Defense Fund will remain committed to the guiding role of the market in providing support for climate investment and finance.
Director, Natural Resourses Defense Council China ProgramNatural Resources Defense Council is honored to support this article call. We know that in order to achieve the goals set forth in the Paris Agreement, the world must accelerate and expand climate investment and finance. This requires the undertaking of relevant research and learning from past experiences, making this current event highly significant.
On behalf of the Natural Resources Defense Council, I wish this Climate Investment and finance Article Call every success and fruitful outcomes.