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CDB Leasing honored an Outstanding Climate Investment and Financing Project at the 2024 PBCIFC

Source: Time:2024-12-20

At the 2024 Pearl Bay International Climate Investment and Financing Conference (PBCIFC), the list of outstanding project cases of addressing climate change was released, where CDB Leasing’s practice in “Domestic and International Certification’ to Support Sustainable Development” was selected as an Outstanding Climate Investment and Financing Project.

Themed “Global Cooperation, Green Future”, the 2024 PBCIFC was guided by Xinhua News Agency and hosted by its Guangdong Branch and China Economic Information Service. It brought together global partners to discuss how climate investment and financing can promote the building of a green Silk Road, empower new quality productive forces, facilitate green energy transition, and contribute to the Guangdong-Hong Kong-Macao Greater Bay Area’s involvement in global climate governance. The event also aimed to build a community of shared interests, responsibility, and future in responding to climate change.

This year, CDB Leasing took the lead among Chinese financial institutions in establishing the first-ever sustainable financing framework that conforms to both Chinese and international certification standards. The framework also received certifications from the internationally prestigious certification entity Moody’s and the green finance evaluation organization Lianhe Equator. The sustainable financing framework has created efficient financing channels for assets that meet sustainability standards, expanded the range of available financing products, and provided reliable financial support for sustainable leasing businesses such as green energy, inclusive finance, energy-efficient aircraft, and environmentally friendly ships. These achievements have supported CDB Leasing’s long-term strategic goals in sustainable development. The award fully recognizes its innovative green finance efforts and commitment to sustainable development.

Moving forward, CDB Leasing will further implement the carbon peaking and carbon neutrality goals, proactively pursue green development, innovate in green financing products and services, and provide high-quality and efficient financial leasing services for green, low-carbon, and circular development. CDB Leasing will remain committed to fulfilling the responsibilities of a state-owned financial enterprise and advancing the in-depth development of sustainable finance.