UNCTAD World Investment Forum Opens in China
7 September 2010: UN Secretary-General Ban Ki-moon (by videoconference), Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development (UNCTAD), and former US President Bill Clinton addressed the World Investment Forum in Xiamen, China, highlighting the current challenge of integrating investment policies to encourage the transformation towards a low-carbon economy.
Organized by UNCTAD and the Ministry of Commerce of China, the meeting includes an ‘Investment Showcase' with presentations from individual countries on climate change-related investment. The Forum also features a session on the promotion of green foreign direct investment (FDI) in light of government commitments to combat climate change, the rise of green industries, and the advantages that environmentally-friendly investment can bring in terms of improved knowledge transfer, reduced carbon emissions and upgraded productivity and competitive exports. [World Investment Forum Website]