IFF 2021 Opens with Green Initiatives for a More Sustainable Future

International Finance Forum (IFF)

PR89810

 

BEIJING, May 29, 2021 /PRNewswire=KYODO JBN/--

 

International Finance Forum (IFF) starts its two-day 2021 Spring Meetings

today. Entitled Global Governance and Development in the Post-Pandemic Era, the

meeting aims to provide a platform for in-depth discussions on international

cooperation and global governance, while promoting development and

collaborations in low-carbon initiatives, sustainable finance, climate change,

public health issues, as well as Belt and Road Initiatives (BRI). Global

audiences can attend the virtual meetings here.

 

"We have seen progress with our fight against the pandemic, however, we still

face a lost decade for development and grave setbacks to achieve the

Sustainable Development Goals by 2030," said UN Secretary-General Antonio

Guterres during his opening remarks.

 

"Reversing this trajectory requires a more concerted global and multilateral

response on several fronts, which includes urgent actions to close the global

vaccine gap, more support for developing countries that are on the brink of a

debt crisis, and resilient recovery from the pandemic and climate change

crisis," Guterres added.

 

"The global recovery is underway—but the paths and pace are diverging

dangerously…We face high uncertainty until this pandemic truly ends," said IMF

President Kristalina Georgievain in her speech. "Policymakers must take the

right actions now by giving everyone a fair shot at the vaccine, recovery, and

future."

 

She believes China has played an important role in the G20 Debt Service

Suspension Initiative and the Common Framework for orderly debt restructuring.

The country has also proved the action by supporting the IMF's concessional

lending facilities. China is showing efforts on a scale not seen before to

accelerate vaccination, while delivering fair vaccine supply to other

countries.

 

"Public health is a global public good," noted Jose Manuel Barroso, IFF

Co-chairman and Chair of the Global Alliance for Vaccines and Immunization in

his speech. "We have to face it also at global level and if possible, with the

true sincere spirit of cooperation and solidarity."

 

Nearly 500 leaders from the worlds of governance, finance, business and

academia participate the meeting.

 

About International Finance Forum (IFF)

 

Established in 2003, the International Financial Forum is a non-profit and

non-governmental unofficial international forum organization. Headquartered in

Beijing, it is a high-level dialogue and academic exchange mechanism

co-sponsored by business leaders and scholars in the global financial community

and academic circles. For more information, please visit:

http://www.iff.org.cn/php/list.php?tid=403

 

Contact: Steel Shen

         +86-10-5087-3634

         steel.shen@iff.org.cn

 

SOURCE:  International Finance Forum (IFF)

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