Alliance News |  CASVI & UNDP Organizes Dinner Event for Dialogue in New York

On September 26, 2019, CASVI and the UNDP jointly organized a dinner event on "Dialogue on Global Capital Driving Sustainable Development " in New York.

Elizabeth Boggs Davidsen, Director of the UNDP Sustainable Development Goal Impact Project, and Angela Bai, Secretary-General of CASVI, co-chaired the dialogue. Sahba Sobhani from UNDP and Chairman Ma Weihua welcomed the guests.

Sahba Sobhani, from UNDP’s SDG Finance Sector Hub, said that “we are now at a historic moment”, and that participants here are already focusing on sustainable development target markets and will build the future in a pioneer way. He looks forward to jointly promote the establishment of a global sustainable finance center by working with CASVI and taking advantage of Shenzhen's innovative advantages.

Chairman Ma emphasized that in order to promote the achievement of the 17 SDGs, it is of great urgency for mainstream investment institutions to launch high-quality, large-scale financial products. With the support of UNDP and Shanghai Stock Exchange, CASVI, in collaboration with Bosera Funds and China Securities Index, will jointly launch "Sustainable Development 100 ETF". We look forward to the participation of institutions that align with sustainable development to create a better future collaboratively.

During the dinner event, Chairman Ma also presented a Letter of Engagement to Elizabeth Boggs Davidsen, who will be an international consultant to CASVI.

Also present at the event, Bosera Funds Vice President Wang Deying, Caijing General Manager Liu Xiao, China Merchant’s Bank New York Branch President Pan Kang, CICC Managing Director Zhang Lanlan and other organization leaders, and also representatives from 26 organizations including Blackstone Group, Bridgewater Associates, Rockfeller Foundation, Goldman Sachs Assets Management, engaged in an active discussion of directing capital towards promoting sustainable development.

The event concluded as all guests were presented with a specially designed “SDG Panda”   scarf made from recycled plastic bottles. The gift was produced by a Chinese social enterprise P.E.T (Plastic Ecological Transformation), that uses 100% local recycled plastic bottles (rPET) as raw material for their customizable products.