Attendees pose for a group photo during a seminar on Monday co-hosted by the China-WBG Global Center for Ecological Systems and Transitions — a platform jointly established by China's Ministry of Finance and the World Bank Group — and the Land Consolidation and Rehabilitation Center under China's Ministry of Natural Resources. CHINA DAILY
China's efforts to turn ecological gains into economic value can provide alternative solutions for developing countries and tangible public goods for the global green transition, while stronger multilateral financing is needed to bring such practices to scale, officials and experts said.
Greater access to long-term funding, green technologies and policy expertise would be crucial for developing economies seeking to align growth with environmental conservation efforts, they added.
The remarks were made at a seminar on Monday co-hosted by the China-WBG Global Center for Ecological Systems and Transitions — a platform jointly established by China's Ministry of Finance and the World Bank Group — and the Land Consolidation and Rehabilitation Center under China's Ministry of Natural Resources.
Liao Min, vice-minister of finance, said China has explored practical ways to unlock the economic value of ecological assets, including by investing in eco-friendly industries.
