On June 29th, a seminar on the Green Investment Benefit for “Belt and Road” Initiative (BRI) and new book launching ceremony, jointly sponsored by Chongyang Institute for Financial Studies at Renmin University of China (RDCY), People’s Publishing House, and Center for Eco-Financial Studies at Renmin University of China and guided by Green Finance Committee at China Society for Finance and Banking (GFC), was held in Beijing.
Zhou Yanli, former vice-chairman of China Insurance Regulatory Commission attended the conference and delivered a keynote speech at the luncheon. Yu Qing, deputy editor-in-chief of the People`s Publishing House, attended the conference and delivered a speech. Wang Wen, executive dean of RDCY, secretary general of the CGC, and the editor-in-chief of the series book “Green Finance for the Belt and Road Initiative”, attended the conference and gave an introductory speech. Zhai Yongping, visiting fellow researcher of RDCY, the director of the energy department of the Asian Development Bank, and the editor-in-chief of the series book "Green Finance for the Belt and Road Initiative", conducted an introductory speech. More than 30 media outlets and many member and related units of the GFC participated in the conference.
Zhou Yanli, former vice-chairman of China Insurance Regulatory Commission
Zhou Yanli delivered a keynote speech themed “the BRI and financial cooperation in the future” during the luncheon. He mainly talked about the important role of the BRI financial communication, the financial regulatory cooperation in different countries during the BRI construction, and the fruits of the BRI financial cooperation.
Yu Qing, deputy editor-in-chief of the People`s Publishing House
In her speech, Yu Qing pointed out that green development is an important principle and content of the BRI. Green finance is the basis for realizing BRI green investment. At present, our country still lacks the institutional and policy design for industrial BRI green development, and lacks common green standards to guide Chinese enterprises to invest in BRI. In response to the above-mentioned problems, the series book “Green Finance for the Belt and Road Initiative” written by RDCY has made up for the shortcomings. The book “Evaluation and Methodology of Green Investment Cost and Benefit on One Belt and One Road” guides enterprises to consciously carry out environmentally friendly overseas investment and standardize the development direction of BRI overseas investment through means of access and rating.
Wang Wen, executive dean of RDCY and secretary general of the CGC
Wang Wen noted in his speech that the books “Evaluation and Methodology of Green Investment Cost and Benefit on One Belt and One Road” and “Solution to Green Investment Cost and Benefit on One Belt and One Road” provide green evaluations, methodologies and solutions for the future BRI trend. These books are huge innovations with very important academic and research significance and provide very important decision-making references.
Zhai Yongping, visiting fellow researcher of RDCY and director of the energy department of the Asian Development Bank
Zhai Yongping introduced the series books from four aspects: First, the green view. Second, the green specification. Third, green financial institutions. Fourth, the introduction of high, new, and digital technology solves the cost and income problems of green projects, so that green projects have benefits and enterprises are profitable.
Zhu Shouqing, a visiting researcher at the Entrepreneurial Finance and Economic Growth Research Center of Tsinghua University, gave a speech on BRI investment benefit and green leadership in China. An Guojun, associate research fellow of Institute of Finance at Chinese Academy of Social Sciences, and deputy secretary-general of the GFC made a keynote speech on "China`s Green Finance Outlook".
The meeting also organized two panel discussions on “evaluation and methodology of green investment cost and benefit on the BRI” and “green investment and financing mechanisms on the BRI”. More than 10 experts and scholars from Asian Development Bank, China Development Bank, Industrial and Commercial Bank of China, Department of Environmental Planning by Ministry of Ecology and Environment, BRI Economic Research Institute at Renmin University of China, Greenovation Hub, Natural Resources Protection Association, Silk Road Fund Co., Ltd., and China National Investment and Guaranty Cooperation, UNDP, joined the academic discussion.