Background

The earth has been warming at an unprecedented rate in the last 2,000 years, says a recent report on the current climatic conditions from the United Nations’ Intergovernmental Panel on Climate Change (IPCC). Record droughts, wildfires and floods are raging around the world, and the threat of climate change is becoming more and more serious. In fact, the future of the planet depends on the choices that we make today.

Amid the dual challenges of the global economic crisis due to the COVID-19 pandemic and climate change, green finance is fast becoming a new development concept and instrument that countries are striving to promote. Many pioneering practices and attempts have been carried out in terms of policies, institutions, industries and talent creation. Disseminating these successful cases on a global scale and accelerating the spread of green finance is crucial for driving green growth, sustainable development and even saving the planet on which we live.

The International Finance Forum (IFF), known as the F20 (Finance 20), upholds the spirit of “Comprehensive and sustainable development – New capital, new value, and new world”. It initiated the first Global Green Finance Award in 2020. Leveraging on global networks and platforms, IFF is committed to establishing partnerships worldwide via exchanges and dialogue with governments, enterprises and the civil society, to promote the development of green finance and foster green growth. Through research and demonstration , innovative green finance projects will foster green recovery in the post-pandemic era, thus contributing to green growth and realization of SDGs.

The award was highly rated by the United Nations and a lot of other international organizations. Based on the success of the 1st IFF Global Green Finance Award in 2020, IFF is now launching the IFF 2021 Global Green Finance Award.

Salient features of the 2021 awards


Accreditation by authorities

  • One representative of the winner will be eligible to attend the 2021 IFF Annual Meeting, a high-level dialogue platform in global finance.
  • Medal and certificate from IFF.

Participation in high-level dialogue

  • The Jury is composed of distinguished political figures and scholars from the global financial sector.

Attention from key stakeholders

  • Face to face communication with top names in global green finance.
  • Winners are listed in the IFF Global Annual report.

Significant international influence

  • Reports and publicity in global mainstream media will improve the organization's green finance credentials, and enhance brand image and popularity.

Projects that are suitable for the awards

We are looking for global green finance solutions that promote the transformation of economic growth mode, contribute to pollution prevention and control, address climate change, improve energy efficiency, energy conservation and emission reduction. These include but are not limited to innovation and practices in policies, institutions, industries, services, technology and talent creation.

Info

  • Award
  • Eligibility criteria

    “The IFF 2021 Global Green Finance Award will include 10 Annual Awards for institutions and 10 Innovation Awards for innovative projects.

  • Annual Awards for institutions

    Granted to institutions that have made outstanding contributions to global, regional or national sustainable development through green finance practices, including achieving carbon peak and carbon neutrality, addressing climate change and biodiversity conservation. The green finance business of the institutions must be sustainable and profitable.

  • Innovation Awards for innovative projects

    Granted to projects that demonstrate significant innovation in the field of green finance, in particular those that have made significant contributions to achieving carbon peak and carbon neutrality, addressing climate change and promoting biodiversity conservation.

  • All types of organizations, including public, private and non-profit organizations are eligible to apply for the Awards;

  • Any institution that carries out activities which foster green finance development and bring about real benefits are eligible to apply for the Awards;

  • Eligible institutions to apply for the Awards should be established no later than 2018, and the project activities should complete no earlier than 2018;

  • The projects of the participating institutions must have produced actual economic, environmental or social impacts in the fields of green finance, climate change, and promotion of biodiversity conservation;

  • No threshold is set for the size of the project and its economic, environmental or social impact;

Jury Committee


Chairman
Han Seung-soo

IFF Co-chairman
Chair, Council of the Presidents of the UN General Assembly
Former Prime Minister of the Republic of Korea


Co-Chairperson
Herman Van Rompuy

IFF Co-chairman
President Emeritus of European Council
Former Prime Minister of Belgium


Co-Chairperson
Jenny Shipley

IFF Board Member
Former Prime Minister of New Zealand
Co-chair of Silk Road International Association


Executive Chairman
Erik Solheim

Former Under-Secretary-General of the United Nations
Former Executive Director of the UN Environment Programme (UNEP)


CHEN Wenhui

Vice Chair of National Council for Social Security Fund


FU Chengyu

Board Member of the United Nations Global Compact (UNGC)
Former Chairman of SINOPEC Group


Deborah Lehr

IFF Board Member
Executive Director and Vice Chairman of the Paulson Institute


Lionel Leong

IFF Vice President
Former Secretary of Economy and Finance of Macao Special Administrative Region (MSAR)


Antony Leung

IFF Vice President, Former Financial Secretary
Hong Kong Special Administrative Region


LI Zhengqiang

IFF Academic Committee Member
Former Chairman of Dalian Commodity Exchange
Researcher of Finance Department, School of International Trade and Economics, University of International Business and Economics


LIN Jianhai

IFF Vice President & Director of the IFF Global Center
Former Secretary-General of the International Monetary Fund (IMF)


LIU Yanhua

Vice Minister of Ministry of Science and Technology
Honorary Director of the Expert Committee at National Climate Change Committee


Bindu N. Lohani

IFF Academic Committee Member
Former Vice President of the Asian Development Bank


NIE Qingping

IFF Academic Committee Member
Chairman of China Securities Finance Corporation


QI Ye

IFF Academic Committee Member
Professor of School of Public Policy and Management, Tsinghua University
Director of Institute for Public Policy
Hong Kong University of Science and Technology


Frank Rijsberman

IFF Board Member
Director-General of Global Green Growth Institute (GGGI)


Domenico Siniscalco

IFF Vice President
Former Minister of Economy and Finance of Italy
Vice Chairman of Morgan Stanley International Limited


TANG Dingding

IFF Academic Committee Member
Former Chair for the Compliance Review Panel of the Asian Development Bank (ADB)


WANG Yi

Deputy Director of Institutes of Science and Development at Chinese Academy of Sciences


WU Xiaoqing

Member of CPPCC Standing Committee
Deputy Director, Committee on Agriculture and Rural Affairs


ZHANG Shenfeng

Vice Chairman of China Council for the Promotion of International Trade


ZHOU Yanli

Member of CPPCC Standing Committee
Former Vice Chairman, China Insurance Regulatory Commission


ZHU Xian

IFF Vice-president and Secretary-General
Former Vice-president, New Development Bank
Former Vice-president, the World Bank


ZHUANG Juzhong

IFF Co-Chief Economist
Former Deputy Chief Economist of Asian Development Bank

Agenda

Winners

  • Annual Award Winners
  • Innovation Award Winners

Host

Organizer

Academic Support

Supporting Organizations

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