In the wake of COP26, AgFood Future (AGF) hosted the “2030 Carbon Peak: Future Food Innovation and Investment Trends”, its first official event since opening the Sustainability Center in Beijing’s Central Business District. The event, co-hosted with Green Entrepreneurship and Dongfang Zhenrou and moderated by Xu Chang, head of legal affairs and AGF office manager, was attended by more than 40 people representing 25 different organizations.
Welcome and Opening Speech
Xue Yan, Chairman of AgFood Future
In his opening speech, Xue Yan expressed his heartfelt thanks to guests and emphasized the importance of international collaboration for low-carbon transformation. He explained that the purpose of the Sustainability Center is to promote such cross-border cooperation and technological innovation to build a clean, efficient, stable, safe, and sustainable food system that is steadily progressing to net-zero. He shared that AGF, as a pioneer in promoting the low-carbon transformation of agricultural food, looks forward working with its partners for a brighter future.
Opportunities for Private Sector and Investors After COP26
Li Peiyi, Secretary-General, American Chamber of Commerce in China, China-US Agriculture and Food Cooperation Project
Against the backdrop of COP26, Li Peiyi introduced the business opportunities for enterprises and investors in the field of low-carbon transition and emphasized the impact of international initiatives in China’s low-carbon market. With China and the United States playing the most critical roles in global emissions reduction, she explained how international green finance investment can bring in a great deal of funding to the Chinese market, and that private funds will also benefit from the government and others who have vested interest in this field. In this context, she encouraged relevant parties to pay close attention to accurate data quantification for green investment as this will become an important way for enterprises to seize opportunities and gain a competitive edge amidst this major industry transformation to low-carbon.
Impact Investment Trends Based on SDGs
Xu Hui, Head of AVPN Asia Venture Philanthropy Network China Operations
Ms. Xu Hui introduced several major trends in Asian impact investment based on the United Nations Sustainable Development Goals (SDGs) and the contents of the 2018 United Nations Sustainable Development Assessment Report. She pointed out that the purpose of impact investment is to promote the development of a social and economic system toward a better, greener future.
MNCs Move To Reduce Carbon Emissions from Food
Ding Yangjia, Research Specialist of Meat Marketing Department, Urban Intern Partner of Building Better Business Workshop
Ms. Ding Yangjia pointed out that the consumption of plant-based meat is one of the ways we practice low-carbon emissions reduction in our personal daily lives. This concept of reducing carbon emissions by changing our diet has been incorporated into the values of many internationally renowned companies, and will affect our daily lives even more in the future.
A Call for More Green Investments into Agriculture
Ge Yong, founder of Green Venture Exchange and Luye Investment
Mr. Ge Yong pointed out that in the traditional green investment field, agriculture still has not received the same level of attention as more mainstream sustainable sectors. By showcasing several existing, successful investment cases of the Green Entrepreneurship Association, he described the complexity and diversification of the reference information required for green investment and emphasized its development potential. He explained that investment in the sustainable field of agriculture is a powerful enabler, and there is still much room for growth.
Importance of Sustainable Investments Will Continue to Grow
Liu Honglu, Head of B-Corp Beijing
Ms. Liu Honglu pointed out that sustainable development and green/low-carbon concepts as investment attributes will receive more and more attention in the future. This, combined with the practice of international environmental investment, means that the need for a quantitative indicator system and supporting services will continue to grow. Therefore, even if starting with a smaller product or smaller demand in this field, she explained that it is important to keep in mind that SDGs are quickly becoming important references for measuring the value of investments.hel