The China-World Bank Group (WBG) Global Center for Ecological Systems and Transitions was officially launched in Beijing on Sunday, marking a significant milestone in ecological restoration efforts.
China's Minister of Finance, Lan Fo'an, and World Bank President, Ajay Banga, delivered speeches at the event, highlighting the importance of this collaboration.
Lan Fo'an stated, \"This center represents the latest achievement in more than 40 years of cooperation between China and the World Bank. China's development and progress have also provided successful examples for the World Bank's international cooperation. I look forward to the center being deeply rooted in this solid foundation of collaboration, promoting and supporting a more institutionalized and systematic cooperation, and creating a new benchmark and platform for China's cooperation with the World Bank in the new era.\"
Ajay Banga emphasized the value of China’s ecosystem restoration programs, saying, \"What China did is undertake ambitious programs to restore ecosystems and landscapes. Some of these were in partnership with the World Bank Group. These efforts demonstrate that creating jobs does not have to come at the expense of a livable planet.\"
The new center is expected to enhance sustainable development initiatives, leveraging over four decades of China-WBG cooperation to address ecological challenges and promote a balanced approach to economic growth and environmental health.
Reference(s):
China-World Bank ecological cooperation center launched in Beijing
cgtn.com
