Financial specialists and specialists from China and Britain on Thursday formally launched a joint work stream in London, in a bid to enhance bilateral cooperation on sustainable financing and biodiversity protection.The UK-China Nature and Biodiversity Finance Work Stream, started by the China-UK Green Finance Taskforce and co-led by Bank of China and Standard Chartered, will focus on cross-border partnership and development in locations such as natural capital appraisal, biodiversity-related disclosure tools and nature-focused investment mechanisms.The launch accompanied a top-level forum hosted by Bank of Chinas London branch, entitled From Policy to Impact: A Global Perspective on the Current State of Sustainable Development.
The online forum, part of the main program of this years London Climate Action Week, brought together over 100 participants from financial institutions, government agencies, regulators, believe tanks and academic community throughout China, Britain and Europe.
Green finance and sustainable advancement have actually become main to global high-quality development and the transformation of financial systems, said Fang Wenjian, CEO of Bank of China (UK) Limited, during the forums opening remarks.Charles Bowman, co-chair of the China-UK Green Finance Taskforce, stated the effort came at a crucial time.
We should speed up global capital streams to take on the climate crisis, he stated.
China and the UK are co-leading this effort through their net-zero commitments and renewable energy financial investments.
London Climate Action Week, established in 2019 by climate think tank E3G and the Mayor of Londons office, works as an international platform for policymakers, business leaders, investors and academics to advance climate action and sustainable development.A little owl scares a woodpecker off its feeding perch in Worcestershire, the UK, June 15, 2025./ VCGA little owl scares a woodpecker off its feeding perch in Worcestershire, the UK, June 15, 2025./ VCGA little owl scares a woodpecker off its feeding perch in Worcestershire, the UK, June 15, 2025./ VCGA little owl scares a woodpecker off its feeding perch in Worcestershire, the UK, June 15, 2025./ VCGA little owl frightens a woodpecker off its feeding perch in Worcestershire, the UK, June 15, 2025./ VCG(Cover: Two lovable Eurasian elk calves at Highland Wildlife Park, the UK, May 30, 2024./ VCG)