Shanghai, July 28- Green finance is a new trend of concern, said Syntao’s co-founder and general manager Guo Peiyuan, “Finance is the upstream of the whole economy system and last to feel the environmental pressure. From western practice, it will be a good turning point for the environment when we started to pay attention to green finance.”

Invest in Green Future—CSR (Corporate Social Responsibility) and Innovation 2016 Shanghai Summit, guided by the Shanghai Information Office, the Shanghai Commission of Commerce and the Shanghai Environmental Protection Bureau, is held by Shanghai Observer under Jiefang Daily, Shanghai Daily and Eastday.com yesterday afternoon.

Experts and scholars as well as enterprise representatives gathered together and had in-depth discussions and exchanges on Shanghai’s green development path towards “global city” construction. Guo attended the summit and gave a keynote speech.

“Green finance has become a hot spot both internationally and domestically,” Guo introduced that China Financial Forum has set up Green Financial Professional Committee supported by the People's Bank of China while Shanghai Stock Exchange is promoting green bonds. Besides, the coming G20 Hangzhou Summit will also focus on green financial issues.

Shanghai, one of the international financial centers, has good basic conditions in developing green finance. Guo pointed out that some financial institutions in this city have done some pioneering work, “Green finance should be a key to Shanghai’s green development.”

Guo also noted that non-financial institutions can participate in green finance and make a profit through issuing green bonds, promoting energy efficiency financing and green supply chain finance, etc.