The 2024 Green Finance and Sustainable Development Forum took place on April 24 at Dishui Lake Financial Bay – situated in the Lin-gang Special Area of East China's Shanghai – as part of Shanghai Climate Week.

The forum covered such topics as climate information disclosures, low-carbon economic transition and innovation in green finance products.

During the event stakeholders – among them, the Dishui Lake Financial Bay Research Institute, the Dishui Lake Advanced Finance Institute at Shanghai University of Finance and Economics and the Shanghai Academy of Quality Management – announced a key development.

They launched the Green Finance and Sustainable Development initiative for Dishui Lake Financial Bay – advocating climate action, green industry innovation and international cooperation to establish Shanghai as a global hub for green finance.

The Green Finance and Sustainable Development initiative for Dishui Lake Financial Bay debuts in the Lin-gang Special Area. [Photo/WeChat ID: shlgguanweihui]

The forum also released a report evaluating the quality of climate information disclosures by listed companies, providing invaluable insights for policymakers, investors and society as a whole.

The Lin-gang Special Area – widely regarded as being a pioneer in financial innovation – continues to prioritize green development to drive economic growth through policy guidance and support for green industries and financial services.