2024 GSFS | GBA Dialogue: Building a Green Finance Ecosystem and Developing Transformation Finance

On October 28, the 2024 GBA Sustainable Green Finance Summit was grandly inaugurated in Shenzhen.

Representatives from various sectors, including global sustainability leaders, heads of international organizations related to green finance, leaders of major industry enterprises, and representatives from professional research institutions, gathered to explore the development progress of Sustainable Finance and Green Finance.

Green development is the foundation of high-quality development, and promoting the green and low-carbon transition of economic and social development is a key component in achieving high-quality growth. During the thematic dialogue on "Developing Transition Finance to Accelerate Green and Low-Carbon Transformation in the Greater Bay Area" panelists, drawing from classic cases in their respective fields, shared specific practices and recent progress in transformation finance across industries. They also discussed the challenges and opportunities faced by the Guangdong-Hong Kong-Macau Greater Bay Area in its green and low-carbon transition under the "dual carbon" targets, offering relevant suggestions to further drive the low-carbon transition.

SU Ting, Sustainable Finance Researcher at World Resources Institute. XIAO Sirui, General Manager Assistant of Guangzhou Emissions Exchange, Executive Deputy Secretary-General of Guangdong Green Finance Committee. LIU Jingyun, Vice President and Manager of Green Finance Business Department at Lianhe Equator Environmental Impact Assement Co.,Ltd.   DUAN Yiran, Deputy General Manager of the Green Finance Innovation Center at China Central Depository & Clearing Company and Evan Feng, Vice President and Chief Strategy Officer of Wanbang Digital Energy Co., Ltd, participate in the dialogue.

Developing new forms of productive capacity, with green empowerment as a crucial component, was a key focus of the "Building a Green Finance Ecosystem to Empower the Development of New Quality Productive Forces" thematic dialogue. Panelists, based on their own innovative practices, delved into the current status, challenges, and future development paths of green finance and sustainable finance. They collectively envisioned how financial innovation could drive the green transition and emphasized the importance of building a green finance ecosystem to support the development of new productive forces.

DENG Lulu, Consulting Director of Net Zero Finance Department at Susallwave, moderated the session and invited notable representatives from leading domestic and international financial institutions to join the dialogue, including QUE Ronglin, General Manager of Strategic Client Department (Green Finance Department), Industrial Bank co.,ltd. Shenzhen Branch. HAO Xin, Bank of China, London Research Centre, Strategic Risk AVP Research. WANG Siran, Director of Research Institute at China Merchants Futures, and Wichai Narongwanich, First Senior Vice President at Kasikornbank Public Company Limited.