On November 21, 2023, the 'Renmin University of China - Singapore Management University Global Forum' was successfully held in Beijing with the theme of 'Green Finance and Governance: From Commitment to Action'. The conference is co-hosted by Renmin University of China and Singapore Management University, co-hosted by the School of Finance and Finance and the China Center for Fiscal and Financial Policy Research, and co-organized by the International Monetary Institute (IMI). Experts, scholars and industry professionals from China, Singapore and other parts of the world attended the forum and delivered speeches.

Professor Ye Kangtao, Member of the Standing Committee of the Party Committee of Renmin University of China, Vice President of Renmin University of China, and Timothy Clark, Provost of Singapore Management University, delivered speeches on behalf of the organizers. Qu Qiang, Director of China Center for Fiscal and Financial Policy Research, chaired the meeting.In his speech, Ye Kangtao pointed out that the theme of this forum covers the full cycle elements of green finance planning, practice and sustainable development, and promotes the healthy development of green finance, which is of positive significance to realizing harmonious coexistence between man and nature and effectively transforming clear waters and mountains into gold and silver mountains. In the field of green development, Singapore's goal of achieving zero carbon emissions is consistent with China's 'dual carbon' strategy. By jointly promoting the cooperation between China and Singapore in the field of green finance, it is expected to promote the development of green finance in Asia and even the world, and make positive contributions to global sustainable development. Ye Kangtao stressed that Renmin University of China has given full play to its unique advantages in the field of humanities and social sciences in its long-term school-running practice, accumulated profound interdisciplinary knowledge, and laid a solid foundation for the research and education of green finance. It is hoped that all experts and scholars will fully exchange and share their research results and experiences in this forum, and inject new impetus and vitality into the development of green finance.

Timothy Clark (Comosey) pointed out that Singapore Management University (SMU) is committed to providing solutions on different topics such as digital transformation and sustainable development through interdisciplinary cooperation with various sectors to address social challenges. The theme of the forum, 'Green Finance and Governance: From Commitment to Action,' calls for a rethink of traditional academic research paradigms. To build a sustainable world, it is necessary to listen to different viewpoints and attitudes from academia, decision-makers and the business community, exchange ideas, extract valuable views from their own experiences and practices, truly achieve the alliance of politics, academia and enterprises, tap resources from all walks of life, and improve integration capabilities. In the future, SMU will continue to encourage innovation and entrepreneurship, make full use of alumni resources, as well as the establishment of overseas centers in key Asian cities such as Jakarta and Bangkok, to enhance the connection between various sectors, strive to build a bridge of communication between academia and industry, and provide powerful interdisciplinary insights and solutions to address current and future global challenges.

Then, LAN Hong, Deputy Director of the Ecological Finance Research Center and Professor of the School of Environment, Renmin University of China; Liang Hao, Associate Professor and Ho Bee Chair Professor of Sustainable Development Management, Lee Kong Chian School of Business, Singapore Management University, and Co-Director of the Singapore Green Finance Center, Joris Dierckx, Head of Corporate and Institutional Banking for Southeast Asia and CEO of Singapore Branch of BNP Paribas, and Jang Ping Thia, economist and Head of Economic Department of AIIB, delivered keynote speeches.

The round table discussion session was chaired by Qian Zongxin, Vice dean and Professor of the School of Finance and Finance of Renmin University of China. Jang Ping Thia, Chief Economist and Head of the Economic Department of AIIB; He Qing, Deputy Director of the National Institute of Financial Studies and Professor of the School of Finance and Finance, Renmin University of China; Gao Haoyu, Professor of the School of Finance and Finance, Associate Professor Lu Liping; Peng Yuchao, Deputy Dean of the School of Finance, Central University of Finance and Economics; Simon J.D. Schillebeeckx, Assistant Professor of Strategy and Innovation at Singapore Management University's Lee Kong Chian School of Business and co-founder and director of the Global Mangrove Trust and GREEEN Corporation, discussed how to better align ESG with other government goals in the future.