On July 30, 2021, Wu Zhong, Director General of the Finance Center for South-South Cooperation (FCSSC), was invited to deliver a keynote speech at the 11th ESG Investment Frontier Forum themed “Sustainable Financial Solutions and Support Systems”. As a forum jointly sponsored by China Development Research Foundation, China Social Investment Forum (China SIF), China Alliance of Social Value Investment and National School of Developmentat Peking University, the ESG Investment Frontier Forum discussed the practice and exploration of ESG investment in China, global ESG investment trends and ideas, as well as how to expand ESG concept dissemination, build ESG investment ecosystem, and promote ESG ecological benign interaction and cooperation.
During the forum, Director General Wu Zhong noted that impact investment is a core element in the financial framework for sustainable development. China’s carbon peaking and carbon neutrality goals, which are committed to promoting common prosperity, will benefit impact investment. If China can add some impact investment to its international cooperation, it will be helpful for China to enhance its international reputation, better assume its international responsibilities and promote international cooperation.
The forum was hosted by Yu Jiantuo, Deputy Secretary General of China Development Research Foundation. Michael Salvatico, Head of ESG Business Development in Asia Pacific for S&P Global, and Guo Peiyuan, Chairman of China SIF and Chairman of SynTao Green Finance, delivered speeches in order to jointly discuss the future development and positive impact of transition economies. In addition, Zhang Chenghui, former Deputy Director of the Financial Research Institute of the Development Research Center of the State Council, Zhang Xiang, Secretary General of China International Contractors Association, and representatives from HSBC China, Industrial Bank, Beijing Financial Holding Group, and the City of London Beijing Representative Office attended the forum.