The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), in partnership with the World Green Organisation (WGO), organized the "UN Climate Finance & Sustainable Investing Conference 2019" from 17th to 18th October, 2019 in Hong Kong. It was the first large-scale conference discussing climate finance and sustainable investing organized in Hong Kong by the United Nations. It aims to bring together policymakers, private business and financial sectors, international organizations, and other relevant stakeholders to discuss the pressing issues in promoting climate resilient investment to support the United Nations Sustainable Development Goals (SDGs) and scale the Asia-Pacific's green capital market.
Attendees include guest speakers from the Ministries of Finance of Vietnam and Thailand, as well as experts from China, Singapore, the Philippines, Japan, the United States and Europe. Representatives of IFC, The World Bank Group and Asian Development Bank Institute also supported. A number of renowned international and local enterprises also joined, including Allianz Global Investors, BCT Group, Invesco Hong Kong Limited, Hang Seng Indexes Company Limited, The Hong Kong and China Gas Company Limited, Konrad-Adenauer-Stiftung, Regional Project Energy Security and Climate Change Asia-Pacific, Federal Group Global Limited, TREELION Foundation, BDO, etc. With over 400 participants of the conference, including CEOs, CFOs and Directors of publicly listed companies, asset management, family offices, private equity, investment banks, reinsurance and energy utilities etc.
With regards to SDGs, "UN Climate Finance & Sustainable Investing Conference 2019" delved into six topics:
1. Green Finance & Sustainable Investing
2. Green Innovation and Investment
3. Pension Fund & ESG Investing
4. Asset Management, ESG Integration and Green Bonds
5. Green Economy and Smart Technologies
6. Public-private partnership in Infrastructure Financing
Dr. Tientip Subhanij, Chief of Financing for Development Section, MPFD, ESCAP, United Nations stated, "Countries are making very slow progress towards SDGs and there is an urgent need to step up SDGs implementation and to mobilize adequate finance to support SDGs. As public sector alone will not be able to achieve the 2030 agenda, partnership with private sector is crucial in order to change the situation."
Dr. William Yu, Founder & Chief Executive Officer of World Green Organisation, stated that "The conference with six topics enables the inflow of market updates and exchange of new concepts, and establishes extensive collaborations with project proponents and investors from Mainland China, Hong Kong, Asia and overseas countries."
World Green Organisation
The World Green Organisation (WGO) is an independent non-governmental organisation concerned with environmental conservation and environmentally related livelihood and economic affairs. We aim to improve the economy, the environment and people's living through science-based public policies and comprehensive community projects, helping all sectors especially the grassroots to meet the challenges and implement the vision of sustainable development. For more information about our organisation, please view our website: http://www.thewgo.org/.
Photo - https://photos.prnasia.com/prnh/20191029/2625194-1