On April 25, 2019, during the second Belt and Road Forum, the Green Investment Principles (GIP) were introduced by China’s Green Finance National Committee and the City of London Corporation. These principles have been endorsed by 27 financial institutions across 12 countries, and Trade and Development Bank (TDB) is proud to announce its participation.
Dr. Ma Jun, Chair of China’s Green Finance National Committee, emphasized:
"In the coming years, significant infrastructure investments will be made in Belt and Road regions. These projects will play a crucial role in achieving the goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDGs). The Green Investment Principles aim to ensure that new projects and investments under the Belt and Road Initiative are environmentally friendly, climate-resilient, and accessible to communities."
The Green Investment Principles consist of seven key commitments to support sustainable development and reduce greenhouse gas emissions. Member institutions voluntarily adhere to these principles:
- Integrating sustainability into corporate governance
- Identifying and addressing environmental, social, and governance risks
- Transparent reporting of environmental information
- Strengthening relationships with stakeholders
- Utilizing green financial instruments
- Leveraging green supply chains
- Building capacity through collaboration