#China #Beijing #Global South #Financial Collaboration #Green Investment

The 2026 Global South Financiers Forum: A Call for Sustainable Action

As the 2026 Global South Financiers Forum officially commenced on March 26, 2026, it welcomed representatives from public administrations, banking professionals, business leaders, and officials from international organizations across more than 30 countries and regions. The central aim: to foster a more inclusive and sustainable financial collaboration that addresses pressing issues such as climate change.



During the forum's proceedings, the significance of enhanced financial cooperation among Global South countries was underscored. Shahin Mahmudzada, the Executive Director of the Central Bank of Azerbaijan, highlighted the urgent need to build a robust ecosystem for developing finance and facilitating the green transition in light of the climate crisis.

Li Hongyan, the Deputy Head of China's State Administration of Foreign Exchange, noted a pivotal shift from passive responses in combating climate change to proactive strategies focusing on energy independence and greater economic efficiency. The discussion emphasized the necessity for collaborative approaches to achieve green and sustainable growth across nations.

Wang Zhiheng, President of the Agricultural Bank of China (ABC), pointed out that sustainable development remains a collective responsibility. The Global South, he stated, is becoming an increasingly important focal point for green investments, presenting unique opportunities for cooperation.

Li further explained that as global green industrial chains undergo restructuring, nations like China, along with others in the Global South, can seize opportunities emerging from more open and coordinated green finance initiatives. In this context, he urged Chinese financial institutions to channel green and low-carbon investments into partner countries along the new Silk Road.

To pave the way for high-quality green financing and direct international capital toward eco-friendly and carbon-reducing sectors, Lu Lei, Deputy Governor of the People's Bank of China, reiterated the commitment to fostering accessible green investment channels.

Yang Dongning, Vice President of the Export-Import Bank of China, recognized green as the defining hue for quality development within the Global South. He asserted that Chinese entrepreneurs and financiers are committed to contributing sustainable solutions, practices, and expertise to further the region's green development.

Under the theme “Illuminating Global South,” the forum also established a council, published the bilingual Global South Finance Journal, and unveiled the Sustainability Solutions Showcase at the National Financial Information Center in Beijing. The event featured partnerships with prominent entities such as Fenjiu Group as the main partner and ABC as a strategic partner, alongside vehicle sponsors like Zeekr NEVs.

As nations confront the pressing demands of climate change, the integration of global financial resources and strategies becomes increasingly vital. The insights shared at this forum pave the way for a more unified and effective approach to sustainable finance, reinforcing the Global South's vital role in global green initiatives and a sustainable future.