Chen Yulu: Green Finance Helps Carbon Peak and Carbon Neutrality

The development potential of green finance is expanding

"Last year was a very extraordinary year.
The international political and economic situation has also undergone profound changes.
From the perspective of green finance development, I am more optimistic.
Generally speaking, the current international community is more concerned about climate change and believes more in climate change.
Green finance can become an important way to deal with climate change.
" Chen Yulu said.

He believes that international green finance cooperation is multi-level.
The multilateral platforms mainly include the G20, the Central Bank and Regulatory Agency Green Finance Network (NGFS), the "One Belt One Road" Green Investment Principles, and the International Platform for Sustainable Finance (IPSF).
As the representative of China, the People's Bank of China is the main initiator and leader of these platforms.
In terms of bilateral platforms, my country also has good exchanges and cooperation with countries at the forefront of green finance development such as the United Kingdom, France, Germany, and Singapore.

Chen Yulu said that through participating in international cooperation on green finance, the international community has increasingly discussed climate change and green finance.
For example, countries have begun to focus on how to deal with the impact of climate change on monetary policy and financial stability, how to introduce more ESG (environmental, social and governance) factors into investment, how to promote the disclosure of environmental information in various countries, and how to promote international green Convergence of standards and so on.
With the deepening of the discussion, the consensus of the international community is increasing, and the potential for the development of green finance is also expanding.

"my country has always been a firm supporter and advocate for the development of green finance, and it also has certain leading advantages in the development of green finance.
Taking into account some new changes in the international political and economic fields, and the international community’s more positive attitude towards green finance Position, the future of international cooperation in green finance is bright.
We should seize this opportunity, make good use of existing advantages, and more actively cooperate with all parties to fully tap the development potential of green finance, and help my country and other countries to achieve their respective Carbon reaches its peak carbon neutral goal.
" Chen Yulu said.