Climate Cooperation China
On behalf of the International Climate Initiative (IKI)

Strengthening Sino-German Ties in Driving Sustainable Global Growth

On 2 December 2019, the project co-organised a roundtable discussion on the topic of sustainable finance together with the OMFIF and the DZ Bank. Around 25 high-level representatives from major financial institutions, banks and universities from China and Germany gathered in Beijing to discuss the importance of stepping up bilateral cooperation between China and Germany and its potential for promoting balanced global growth. Participants discussed how to channel cross-border flows of capital and investment to achieve the right mix of controls and free markets, how to align China’s Belt and Road Initiative with the Eurasian connectivity strategy and the European Commission’s Investment Plan for Europe, and other related topics. Experts also shared their opinions on how to align investments for a sustainable future with the Paris Agreement. The process of reaching a common definition of climate finance was emphasised as one important building block of global sustainable growth.

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