“2019 Macao International Environmental Co-operation Forum and Exhibition” (2019MIECF) invited the Founder of New Energy Finance, Former Chairman of the Advisory Board at Bloomberg New Energy Finance and Senior Contributor, Chairman and CEO of Liebreich Associates, Mr. Michael Liebreich to serve as the keynote speaker and share how the green economy and industrial upgrading can promote the cities towards sustainable development. In his speech, he analyzed the future development trends in energy, transportation, finance, and digitalization, etc. He shared that with concerted efforts, the damage to the world could be minimized.

The Green Forum is one of the key activities of MIECF. A total of eight Green Forums and one Keynote Speaker Special Session will be held this year. Nearly 70 speakers from different countries and regions will discuss green finance and the frontier international environment. As the guest speaker of this year’s keynote speech, Mr. Michael Liebreich said at the opening ceremony that with the increasing use and reducing costs of renewable energy, the application of electric vehicles has grown. It is estimated that by 2040, half of the vehicles will be electric, and with the development of technology, electric aircraft and electric boats are likely to be used in people’s daily life.

As for green finance, he pointed out that green bonds amounting to $200 billion were issued last year. It is expected that the development of this area will accelerate, and most of the investment will be transferred from traditional energy to new energy. In addition, with the collaboration of artificial intelligence and other technologies, as well as the active performance of enterprises’ social responsibilities, the damage to the world will be reduced to its lowest levels in the future.

Mr. Michael Liebreich will have closer interaction with the participants in the Special Session tomorrow afternoon (29th) and deliver a speech on “The State of the Green Industry”. The Vice Chairman of the Consultative Committee of Environment of Macao Special Administrative Region Government, Head of Department of Civil and Environmental Engineering of University of Macau, Professor Kou Kun Pang will serve as the moderator.

In addition, “Session 2: Green Business Pioneers Roundtable – Corporate Innovation” and “Session 3: Green Business Pioneers Roundtable – Sustainable Investment” were held this afternoon. During the forums, the guests introduced the professional characteristics of the participating green enterprises and pointed out that high-technology can help monitor and improve environmental conditions. Especially after the launch of the planning of the Greater Bay Area and the opening of the Hong Kong-Zhuhai-Macao Bridge, more attention has been attached to the green economic development and the environmental impact, and companies mastering relevant technology can bring stronger impact to improve environmental protection and the green economy through cooperation.

Forums on Ecological Civilization and Green Finance

Five forums will be held tomorrow, including “Session 4: The Ways Toward Ecological Civilization”, “Session 5: Leveraging the Macao Platform, Fostering Green Finance to Promote the Development in the Greater Bay Area”, “Session 6: Solutions for Green Development – Clean Water”, “Session 7: Green Chemical Forum – Solutions to Tackle Plastics Marine Debris”, and “Session 8: Pan-Pearl River Delta Region Session”.

Among them, “Session 4: The Ways Toward Ecological Civilization”, co-organised with the Hong Kong and Macao Affairs Office, Ministry of Ecology and Environment of The People’s Republic of China, aims to demonstrate how society could benefit from ecologically civilized actions taken for sustainable and green development and to make different stakeholders aware of the importance of prioritizing ecology.

At the same time, jointly organized by the MIECF organizer and the Monetary Authority of Macao, “Session 5: Leveraging the Macao Platform, Fostering Green Finance to Promote the Development in the Greater Bay Area”, gathers experts and scholars of green finance from governments, academic and financial sectors to share their insights into the macro environment, development potential of green finance, and innovative financial instruments; while “Session 6: Solutions for Green Development – Clean Water” has invited technology providers and relevant experts to share their views on sustainable and green development, especially solutions to water pollution in urban areas.

“Session 7: Green Chemical Forum – Solutions to Tackle Plastics Marine Debris” will discuss marine plastic pollution. Lastly, “Session 8: Pan-Pearl River Delta Region Session” will be divided into three parts: in the first part, the representatives of PPRD Delegation to Portugal and Luxembourg will share the findings of their study; the second part will be the introduction of the development of China’s environmental protection industry; and the final part is the Pan-Pearl River Delta Region Eco-Corporate Pioneers Roundtable, whose the topic is “Creating Green Values through Ecological Civilization”.

2019MIECF Keynote Speaker Michael Liebreich Speaks at the Opening Ceremony