{"id":14846,"date":"2019-12-16T04:11:09","date_gmt":"2019-12-16T04:11:09","guid":{"rendered":"http:\/\/thewgo.org\/site-eng\/?p=14846"},"modified":"2020-04-06T08:16:00","modified_gmt":"2020-04-06T08:16:00","slug":"united-nations-economic-social-commission-asia-pacific-world-green-organisation-co-present-climate-finance-sustainable-investing-conference-2019","status":"publish","type":"post","link":"https:\/\/thewgo.org\/site-eng\/uncategorized\/united-nations-economic-social-commission-asia-pacific-world-green-organisation-co-present-climate-finance-sustainable-investing-conference-2019\/","title":{"rendered":"The United Nations Economic and Social Commission for Asia and the Pacific, World Green Organisation co-present: UN Climate Finance & Sustainable Investing Conference 2019"},"content":{"rendered":"

(Hong Kong, 23 October 2019) Climate change is bringing a global and unprecedented impact to our\u00a0world! The United Nations Economic and Social Commission for Asia and the Pacific \uff08UNESCAP<\/a>\u00a0\uff09, in\u00a0partnership with the World Green Organisation (WGO), organized the \u201cUN Climate Finance and Sustainable Investing Conference<\/a>\u00a0\u201d from 17th to 18th October, 2019, at Asia Society Hong Kong\u00a0Centre. It was the first large-scale conference discussing climate finance and sustainable investing\u00a0organized in Hong Kong by the United Nations. It aims to bring together policymakers, private\u00a0business and financial sectors, international organizations, and other relevant stakeholders to discuss\u00a0the pressing issues in promoting climate resilient investment to support the United Nations\u00a0Sustainable Development Goals (SDGs) and scale the Asia-Pacific\u2019s green capital market. The 2-day\u00a0international conference hosted over 400 attendees, examining six topics oriented towards the UN\u00a0SDGs.<\/p>\n

\"Officiating<\/a>\"20191017_Day1_0160B\"<\/a><\/p>\n

It has been a pleasure to have Dr. Tientip Subhanij, Chief of Financing for Development Section,MPFD, ESCAP, United Nations, as the honorary advisor of the \u201cUN Climate Finance & Sustainable\u00a0Investing Conference 2019\u201d, along with Dr. William Yu, Founder & Chief Executive Officer of World\u00a0Green Organisation. Mr. Chan Ho Lim, Joseph, JP, Under Secretary for Financial Services & the\u00a0Treasury, Dr. Chan Pak Li, Bernard, JP, Under Secretary for Commerce and Economic Development,\u00a0Mr. Tim Lui, SBS, JP, Chairman of the Securities and Futures Commission, Mr. Kevin Rideout,\u00a0Managing Director of Hong Kong Exchanges and Clearing Limited, and Mr. Laurence Li, Chairman of\u00a0the Financial Services Development Council also attended and supported the conference.<\/p>\n

Other attendees include guest speakers from the Ministries of Finance of Vietnam and Thailand, as\u00a0well as experts from China, Singapore, the Philippines, Japan, the United States and Europe.\u00a0Representatives of IFC, The World Bank Group and Asian Development Bank Institute also supported.\u00a0A number of renowned international and local enterprises also joined, including Allianz Global\u00a0Investors, BCT Group, Invesco Hong Kong Limited, Hang Seng Indexes Company Limited, The Hong\u00a0Kong and China Gas Company Limited, Konrad-Adenauer-Stiftung, Regional Project Energy Security\u00a0and Climate Change Asia-Pacific, Federal Group Global Limited, TREELION Foundation, BDO, etc.\u00a0With over 400 participants of the conference, including CEOs, CFOs and Directors of publicly listed\u00a0companies, asset management, family offices, private equity, investment banks, reinsurance, energy\u00a0utilities, start-up, estate developers, rating agency, high net worth investors and policymakers.\u00a0Meetings and Exhibitions Hong Kong (MEHK) by The Hong Kong Tourism Board is much appreciated\u00a0for supporting the conference.<\/p>\n

In 2015, all 193 member states of the United Nations adopted the 2030 Agenda for Sustainable\u00a0Development and formulated 17 SDGs, with these new goals that universally apply to all, from 2016 to\u00a02030, countries will mobilize efforts to end all forms of poverty, fight inequalities, bring about peace\u00a0and sustainable prosperity and tackle climate change. With regards to SDGs, \u201cUN Climate Finance &\u00a0Sustainable Investing Conference 2019\u201d delved into six topics:<\/p>\n

1. Green Finance & Sustainable Investing<\/p>\n

2. Green Innovation and Investment<\/p>\n

3. Pension Fund & ESG Investing<\/p>\n

4. Asset Management, ESG Integration and Green Bonds<\/p>\n

5. Green Economy and Smart Technologies<\/p>\n

6. Public private partnership in Infrastructure Financing<\/p>\n

\"20191017_Day1_0142B\"<\/a>\u00a0\"20191017_Day1_0382B\"<\/a><\/p>\n

Accelerating progress on climate action in Asia and the Pacific will require significant resources and\u00a0there is an increasing need to look across the role of both public and private players to effectively\u00a0respond to climate change and achieve the SDGs. While Governments will need to accelerate the\u00a0reform of budget processes and increase technical capacity to systematically address climate change\u00a0across their public investment portfolio, the private sector will be critical in achieving the SDGs through\u00a0leveraging their financial resources and innovation for sustainable development. Green finance is\u00a0gaining momentum, and one of the most significant growth opportunities in the capital markets is in\u00a0green bonds. In 2018, the global green bond issuance reached US$ 167 billion.<\/p>\n

Dr. William Yu, Founder & Chief Executive Officer of World Green Organisation, stated that \u201cThe\u00a0conference with six topics enables the inflow of market updates and exchange of new concepts, and\u00a0establishes extensive collaborations with project proponents and investors from China, Hong Kong,\u00a0Asia and overseas countries. It reinforces Hong Kong\u2019s regional leading position in climate finance\u00a0and sustainable investing, and connects Hong Kong to government, business and financial sector\u00a0leaders to facilitate the climate action progress and the integration of resources through this\u00a0established climate finance platform coupled with the network of the United Nations.<\/p>\n

\"20191017_Day1_0101A\"<\/a>\"Group<\/a><\/p>\n

Asia Pacific lags behind 2030 agenda, public and private sector should work together towards SDGs\u00a0<\/strong><\/p>\n

Dr. Tientip Subhanij, Chief of Financing for Development Section, MPFD, ESCAP, United Nations\u00a0stated, \u201cCountries are making very slow progress towards SDGs and there is an urgent need to step\u00a0up SDGs implementation and to mobilize adequate finance to support SDGs. Asia Pacific is lagging\u00a0behind in achieving SDGs and at this rate of progress, Asia Pacific will miss every single goal by the\u00a0year 2030. UN in general, including UNESCAP is stepping up its efforts to implement SDGs. Goal 8\u00a0and Goal 13, in particular, are lagging behind. As public sector alone will not be able to achieve the\u00a02030 agenda, partnership with private sector is crucial in order to change the situation. UNESCAP\u00a0organizes Climate Finance and Sustainable Investing Conference in partnership with WGO, with\u00a0support from Hong Kong Exchanges and Clearing Limited and Financial Services Development\u00a0Council to demonstrate how UN and private sector can work together to raise sustainability awareness\u00a0and mobilize support from financial sector to finance SDGs.<\/p>\n

She added that Hong Kong is well placed to be a leader in Green Finance as it is a financial center\u00a0with great willingness to pursue sustainability agenda. With this kind of mindset and ready\u00a0infrastructure, there is much room for both government and private sector to accelerate the\u00a0implementation of SDGs both in Hong Kong and international. UNESCAP promotes regional\u00a0cooperation among its member states and values South-South cooperation in providing both financial\u00a0capacity building support, thus to addressing the impact of climate change.<\/p>\n

 <\/p>\n

World Green Organisation<\/strong><\/p>\n

The World Green Organisation (WGO) is an independent non-governmental organisation concerned with environmental\u00a0conservation and environmentally related livelihood and economic affairs. We aim to improve the economy, the environment\u00a0and people\u2019s living through science-based public policies and comprehensive community projects, helping all sectors\u00a0especially 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\/<\/a>\u3002
\nFor UN Climate Finance & Sustainable Investing Conference 2019, please visit: http:\/\/wgo.org.hk\/unf\/<\/a>
\nFor The United Nations Economic and Social Commission for Asia and the Pacific, please visit: https:\/\/www.unescap.org\/<\/a><\/p>\n

For more information and all photos of the event, please visit:\u00a0http:\/\/wgo.org.hk\/unf\/media-centre\/<\/a><\/p>\n

Media Enquiry:
\n

\nCEO: William Yu
\nPhone\uff1a2391 1693
\nEmail\uff1awilliamyu@thewgo.org<\/div>
<\/div>
<\/div><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

(Hong Kong, 23 October 2019) Climate change is bringing a global and unprecedented impact to our\u00a0world! The United Nations Economic and Social Commission for Asia and the Pacific \uff08UNESCAP\u00a0\uff09, in\u00a0partnership with the World Green Organisation (WGO), organized the \u201cUN Climate Finance and Sustainable Investing Conference\u00a0\u201d from 17th to 18th October, …<\/p>\n","protected":false},"author":1,"featured_media":14855,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/posts\/14846"}],"collection":[{"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/comments?post=14846"}],"version-history":[{"count":8,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/posts\/14846\/revisions"}],"predecessor-version":[{"id":15030,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/posts\/14846\/revisions\/15030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/media\/14855"}],"wp:attachment":[{"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/media?parent=14846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/categories?post=14846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thewgo.org\/site-eng\/wp-json\/wp\/v2\/tags?post=14846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}