The G20 bet365 ohio promo code collaborate on international green finance cooperation
August 18, 2021 10:17 Source: "bet365 ohio promo code Journal" Issue 2232, August 18, 2021 Author: Zhao Yuan

November 2021,Italy, which holds the rotating presidency of the G20, will co-host the 26th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change with the United Kingdom。Italy proposes to relaunch the work of the Sustainable Finance Research Working Group,Focus on the development of green finance。Achieve low-bet365 ohio promo code transformation,The financial sector needs to be repositioned as soon as possible。As the impacts of climate risks deepen,Green investment is becoming more and more attractive。About how the G20 promotes international green finance cooperation,Our reporter interviewed relevant experts and scholars。

Ben McWilliams, a research analyst at the Bruegel Institute of International Economics (Bruegel) in Belgium, said in an interview with this reporter,Carbon pricing can be an important tool to promote sustainable investment。Any attempt to expand the scope of carbon pricing globally bet365 ohio promo code follow the important principle of “common but differentiated responsibilities” in the Paris Agreement。IMF proposal,Set different minimum carbon price levels for countries according to their development stages。For that matter,Adopt different minimum carbon prices for developing economies,More suitable。Beyond carbon pricing,G20 members bet365 ohio promo code cooperate on promoting emerging low-carbon technologies。With the development of public policy,The cost of solar power generation and wind power generation is gradually decreasing。It can be said,Reduction of such costs,Raises hope for zero-emission power system,Vital for global climate policy cooperation。Today,G20 members bet365 ohio promo code jointly promote the deployment of next-generation technologies,Showing the world our vision for a net-zero emissions economy,This will also promote global cooperation on green policies。

 “G20 Agreement on Setting a Global Minimum Corporate Tax Rate,Shows us ways to slow down global warming。" Rolf Langhammer, a professor at the Kiel Institute of World Economics in Germany, said in an interview with this reporter,The G20 bet365 ohio promo code establish a climate club,And make club rules,For example, determining the minimum price per ton of CO2 emissions,And expanding carbon emissions trading to all sectors including transport and housing。Compared to poorer member states,Those wealthier member states place greater emphasis on the risk of future environmental damage,bet365 ohio promo code bear a higher carbon pricing and emissions trading burden than currently required。In addition,In countries such as Indonesia,Has a lot of saltwater meadows、Mangrove and forested coastal areas,Absorbs a large amount of carbon dioxide (i.e. "negative emissions"),So credit bet365 ohio promo code be provided for such “international environmental services” in the future。

In the context of the new coronavirus epidemic,McWilliams thinks,G20 members bet365 ohio promo code consider the structural impact of stimulus policies on long-term economic growth。Some stimulus policies will help boost employment in the short term,But it may affect long-term economic growth。current,The G20 bet365 ohio promo code cooperate to promote public and private investments that are conducive to promoting the implementation of sustainable climate solutions,This is critical for long-term sustainable growth。

Editor: Zong Yue
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