215On November 22, the 21st Annual Global Conference of the International Financial Forum (IFF) and the "IFF Global Green Finance Award" ceremony concluded successfully in Hong Kong, China. Carbonstop was honored with the "2024 IFF Global Green Finance Award – Annual Award" for its outstanding performance in the field of green finance.
The International Financial Forum (IFF) is a non-profit, non-governmental independent international organization. It was established in October 2003 by leaders from G20 countries and institutions such as the United Nations, the World Bank, and the International Monetary Fund. IFF serves as a high-level permanent dialogue mechanism and multilateral cooperation institution in the global financial sector. As a platform for international financial diplomacy and strategic think tanks for China and emerging economies, IFF functions as an "informal G20" and is known as the "F20" in the global financial community.
Carbonstop has consistently made significant contributions to global or specific country/region green transitions and the achievement of sustainable goals. Our green finance initiatives include providing in-depth carbon management services to top investment institutions, such as Hillhouse Capital, CDH Investments, and Green Fund Capital, along with ongoing carbon management software products. We also offer carbon reduction project evaluation services to credit reporting agencies, responding to the People's Bank of China's 1.75% carbon reduction support tool initiative. Additionally, we provide comprehensive carbon emission calculation services and carbon account platform construction to institutions like Mastercard, China UnionPay, China Construction Bank, China Merchants Bank, Postal Savings Bank of China, CITIC Bank, and Beijing Bank, empowering millions of small and medium-sized enterprises and hundreds of millions of consumers to participate in carbon reduction actions, collectively contributing to achieving the global 1.5-degree temperature control target.
Carbonstop is also actively involved in the innovation of green financial products, such as collaborating with Mastercard to launch a carbon calculator based on payment amounts and consumption categories, providing technical support for green credit cards and other financial products. Consumers can quickly calculate the carbon emissions generated by their purchases by inputting the amount spent and the type of goods, gaining a clear understanding of the environmental impact of each shopping activity. This market mechanism incentivizes emission reduction behavior and effectively enhances public environmental awareness and low-carbon consumption consciousness.
Looking ahead, Carbonstop will embrace a more open attitude and take more pragmatic actions, adhering to the principles of green finance. We will continue to innovate and deepen collaborations, playing an active role in promoting the development of global green finance and fostering innovation and cooperation in the global financial sector.
