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The kick-off meeting of “Study on Beijing Green Finance Development Strategy” was held successfully

 

The kick-off meeting of “Study on Beijing Green Finance Development Strategy” was held successfully in Beijing on February 16th, 2012. This project is supported by Asian Development Bank (ADB) and undertaken by our company (SCII). Officials from Beijing Municipal Bureau of Financial Work, Beijing Municipal Finance Bureau, ADB, and China Beijing Environment Exchange (CBEEX) attended the meeting and delivered speeches. Evaluation experts from Tsinghua University, Chinese Academy of Social Science, Central University of Finance and Economics and KfW (Kreditanstalt für Wiederaufbau), experts of the project, representatives from the Executing Agency, Implementation Agency and consultant attended the meeting.

Beijing Municipal Government explicitly proposed the strategic development objective to constructing Beijing as a world city and renowned financial center city in 2008. The objective of the project is to propose a roadmap for Beijing to establishing the international green finance center and policy recommendations, in the meantime, to propose related policy recommendations for the construction of carbon market and development of carbon finance in China.

In the meeting, officials from Beijing Municipal Bureau of Financial Work and Beijing Municipal Finance Bureau expressed their earnest expectation for the project and their willing to fully support the project. Official from ADB pointed out the significance of the project and expressed that ADB attached great importance to the study. Representatives from CBEEX and our company introduced the project background and contents respectively. After that, the experts engaged in a heated discussion around the project work plan submitted by our company and proposed very pertinent suggestions, which provide wider thought for the development of the project.

The success of the kick-off meeting has laid a solid foundation for the fully implementation of the project tasks.