Global climate financing conference opens in S China

The 2024 Pearl Bay International Climate Investment and Financing Conference, themed on global cooperation and green future, opened Sunday in Guangzhou City, capital of south China's Guangdong Province.

Sun Zhiyang, mayor of Guangzhou, said during his speech that the conference is of great significance in advancing the implementation of China's dual carbon goals, building a beautiful China, as well as addressing global climate change. Guangzhou will join hands with countries around the world and all sectors of society to jointly promote greater development in climate investment and financing.

Zhao Yingmin, vice minister of ecology and environment, noted that climate investment and financing is an important component of green finance.

Guiding and incentivizing more social capital to support green and low-carbon technological innovation and industrial transformation can achieve a win-win result for climate, social and economic benefits, and also add new momentum and new tracks to high-quality development, Zhao added.

(Cover: The Pearl Bay Bridge in Guangzhou City, Guangdong Province, south China, December 1, 2024. /CFP)