Xinhua Silk Road: From consensus to actions, Global South drives int'l green capital flows [Yahoo! Finance]
AGRICULTURAL B/C UNSP/ADR (ACGBY)
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Source: Yahoo! Finance
representatives of international organizations from more than 30 countries and regions gathered here with the aim of joining hands to bolster more inclusive and sustainable financial cooperation. Photo shows a scene of the opening ceremony of the 2026 Global South Financiers Forum. (Xinhua/Wang Jiru) In their eyes, Global South countries demand currently stronger financial cooperation and pooling strengths and wisdom of the Global South is in need to enhance related financial cooperation. Shahin Mahmudzada, executive director of the Central Bank of Azerbaijan, echoed the opinions, highlighting the importance of building a sound ecosystem for development of finance and green transition in face of increasingly imperative climate change situations. Currently, global green transition is shifting from passive responses to combating climate changes to active strategies pursuing energy independence and improvement in economic efficiency, noted Li Hongyan, deputy head of the State Adm
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