Hey, friends! 🌎 Big news from the Bund Summit in Shanghai, where global financial leaders gathered to chat about our planet's future! 🌱🔥
At this super important meetup, everyone was buzzing about how finance can help fight climate change and speed up the energy transition. Basically, how money can make our world greener! 💚💰
Edmond Alphandery, the former French Finance Minister, took the stage and said we need to step up our game with the Paris Agreement. He thinks it's time for a global consensus on carbon pricing and wants big organizations like the WTO to team up and tackle these challenges together. 🤝🌐
Eddy Wong, CEO of Amundi Asia, dropped some serious stats! 📊 He said we're way behind on investing in clean energy. To hit our climate goals, we need to invest between $3 trillion and $5 trillion! That's a lot of zeros! 💸💸
Ning Gaoning, former chairman of Sinochem Holdings, gave a shoutout to China for leading the way in climate action. He mentioned how China is all about sharing cool tech in electric vehicles, solar, and nuclear energy with the world. 🚗☀️⚛️ Sharing is caring, right?
Fun fact: According to the International Renewable Energy Agency, China added more than half of all new renewable energy capacity worldwide in 2023! Talk about going green! 🌿🌟
Liu Shijin, former vice-minister of the Development Research Center of the State Council, highlighted how the cost of solar and wind energy has dropped like crazy over the past decade. Now, they're even cheaper than coal! 🌬️⬇️ He believes that keeping up with reforms and opening-up efforts is key to boosting renewable energy.
The vibe at the Bund Summit was all about collaboration and making moves to protect our planet. 🌍✨ The three-day event was jointly organized by the China Finance 40 Forum and the China Center for International Economic Exchanges.
It's clear that when global leaders come together, big things can happen! Let's keep the momentum going and work towards a greener, brighter future! 💪🌱
Reference(s):
Financial leaders call for faster energy transition at Bund Summit
cgtn.com
