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Carbonstop has signed a strategic cooperation agreement with Beijing Bank Urban Sub center Branch to jointly promote the innovative development of green finance

Carbonstop has signed a strategic cooperation agreement with Beijing Bank Urban Sub center Branch to jointly promote the innovative development of green finance

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On the afternoon of September 4, Carbonstop and Beijing Bank City Sub-center Branch held a strategic cooperation signing ceremony for carbon finance business at the Shougang Park during the China International Fair for Trade in Services (CIFTIS). Meng Xiangwei, Deputy Director of Tongzhou District Financial Services Office, relevant leaders from Beijing Bank City Sub-center Branch, and Yan Luhui, Founder and CEO of Carbonstop, attended the signing ceremony.

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At the signing ceremony, relevant leaders from the branch expressed that this collaboration is a beneficial attempt to initiate carbon accounting research in the financial sector. Beijing Bank City Sub-center Branch will leverage the advantages of the "Green Finance and Sustainable Finance Innovation Laboratory" mechanism and carbon finance service practices. They will collaborate deeply with Carbonstop in areas such as carbon finance project applications, carbon accounting research, carbon footprint measurement of financial institution products and services, and innovation in carbon finance products and services, contributing to the high-quality green and low-carbon development of the city sub-center.

Yan Luhui stated that over the past 12 years, Carbonstop has been dedicated to promoting carbon emission calculation, management, and reduction across various industries, providing professional carbon management products and services to over 1,200 industry leaders.

Through this cooperation, Carbonstop will fully leverage its professional service advantages in carbon finance practice, carbon management consulting, and carbon management software development. Together with Beijing Bank City Sub-center Branch, they will establish a channel for bank-enterprise collaborative innovation, form implementable carbon management and financial service solutions, address key issues in the low-carbon transformation of the real economy, and contribute to achieving the national and capital's dual carbon strategic development goals.

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In the future, Carbonstop and Beijing Bank City Sub-center Branch will focus on social hotspots such as green finance supporting the low-carbon transformation of the real economy, establishing a long-term collaborative innovation mechanism, and contributing wisdom and strength to building the city sub-center as a global hub for green finance and sustainable finance!

As global trade in services and service sector cooperation continue to deepen, the CIFTIS has become a platform for boosting high-quality economic development in China and connecting the world economy. On the morning of September 2, President Xi Jinping delivered a video address at the Global Service Trade Summit of the 2023 CIFTIS, emphasizing the construction of a national voluntary greenhouse gas emission reduction (CCER) trading market and supporting the service sector to play a greater role in green development. Carbonstop will continue to monitor the restart dynamics of the CCER market and contribute to the advancement of the dual carbon cause.

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