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Dazzling performances and high-tech media art took center stage Sunday at a commencement ceremony to mark the opening of the Partnering for Green Growth and Global Goals 2030, or P4G Seoul Summit.
Under the theme of Inclusive Green Recovery towards Carbon Neutrality the meeting is the second of its kind with the inaugural summit taking place three years ago in Denmark.
President Moon Jae-in, as the host, stressed South Korea s commitment to take preemptive and active climate action and to leave no one behind. South Korea will take responsibility and do all we can as a bridge country between developing and advanced nations. Through this summit, we will do our best as the host country, to create actionable visions and an arena for strengthened cooperation.
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China, EU lead green revolution with finance standards By CHEN JIA | China Daily | Updated: 2021-04-29 09:42 On April 21, China finished the revision of the Green Bond Endorsed Project Catalogue.[CAI MENG/CHINA DAILY]
China and the European Union are jointly leading reform of global green finance by promoting a common scheme of classification, which has focused attention on the importance of investment in addressing challenges of climate change, analysts said.
On April 21, China finished the revision of the Green Bond Endorsed Project Catalogue which is a set of fundamental standards for selecting appropriate investment targets for green bonds.
It removed fossil fuel projects from the list, an action that made the catalog consistent with international rules.
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