GUANGZHOU, China, December 4, 2022 /PRNewswire/ — The International Finance Forum (IFF) has presented the IFF Global Green Finance Award at its annual global meeting on December 3as the organization continues to promote green finance and recognize institutions that have made significant efforts in sustainable development around the world.
The annual prize is awarded to institutions that have made a significant contribution to global, regional or national sustainable development through green finance practices, and have carried out projects that help achieve carbon peaking and carbon neutrality, fight climate change. climate change and biodiversity conservation.
This year, the IFF presented the award to 20 world-renowned institutions that have demonstrated outstanding efforts in practicing green finance. The winners are London Stock Exchange Group (LSEG), China Construction Bank Corporation, Société Générale SA, UBS Group AG, PricewaterhouseCoopers, China Asset Management Co. Ltd., Ping An Bank Co. Ltd., China Energy Conservation & Environmental Protection Group, Bank of Beijing Co. Ltd. and Shenwan Hongyuan Group Co. Ltd., among others.
David SchwimmerManaging Director of LSEG, said that LSEG is proud to be recognized by the IFF for its efforts to provide sustainable products and services to customers around the world.
He added that LSEG commends the IFF for its longstanding commitment to discussing sustainable finance.
In a speech at the 2022 IFF Annual Meeting, United Nations Secretary-General António Guterres said the window to prevent a climate catastrophe is closing fast.
“Everyone must play their part and fully align their business models with the 2030 Agenda and climate goals. International financial institutions and development banks must adjust their approach to risk and systematically mobilize private finance for developing countries at reasonable costs,” said António Guterres.
Lady Jenny ShipleyCo-Chair of the IFF Global Green Finance Awards Jury and former Prime Minister of New Zealandsaid it is exciting to see people looking at how to bring together multidisciplinary facets using finance and also desired environmental and sustainability outcomes, to achieve meaningful goals.
Established in 2020, the IFF Global Green Finance Award strives to promote sustainable finance practices in the financial sector to address the climate crisis and achieve sustainable development.
About the International Financial Forum (IFF)
The International Finance Forum (IFF) is an independent international non-profit organization founded in October 2003 by leaders of China, the United States, the EU and other G20 countries, together with emerging economies and the leaders of multiple international organizations, including the UN, the World Bank and the IMF. Also known as Finance 20 (F20), the IFF is also a permanent high-level dialogue mechanism and an organization for multilateral cooperation within the world of finance.
SOURCE International Financial Forum (IFF)
