Ecological Cooperation Center Between China and World Bank Launched in Beijing
A new ecological cooperation center has been inaugurated in Beijing, marking a partnership between China and the World Bank. This initiative aims to enhance collaborative efforts in environmental sustainability and green development. The center will serve as a platform for sharing knowledge, resources, and best practices to address pressing ecological challenges and promote sustainable practices within China and beyond.
TroibNews 
The China-World Bank Group Global Center for Ecological Systems and Transitions was inaugurated in Beijing on Sunday, with a focus on ecological restoration as its main area of collaboration.
The event featured remarks from China's Minister of Finance, Lan Fo'an, and World Bank President Ajay Banga.
Lan emphasized that the center signifies over 40 years of collaboration between China and the World Bank Group (WBG) and is set to establish a new standard for future partnerships in a new era. He 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."
Banga noted that China's ecosystem restoration initiatives provide important insights into achieving a balance between development and ecological health. He remarked, "What China did is to undertake ambitious programs to restore ecosystems and landscapes. You saw some of that in the opening video. Some of these were in partnership with the World Bank Group. And these efforts, I think, are where the valuable lessons have come. But I think you have demonstrated that creating jobs does not have to come at the expense of a livable planet."
During the event, both parties signed memoranda of understanding regarding the global center, as well as an agreement for the administration of a China-World Bank Group partnership facility.
Participants highlighted that the center will serve as a platform for various countries, including China, to exchange international experiences and promote the sharing of effective practices on a global scale. Valerie Hickey, Global Director for Environment at the World Bank, stated, "China does show that, whether it's drought or desertification, deforestation or land degradation, these are not inevitable and they are reversible, and you can have an environment and an economic agenda."
Beate Trankmann, the United Nations Development Programme Resident Representative for China, added, "I think it's only natural to see China partnering with multilateral institutions like the UN or the World Bank in this area, and I think these types of partnerships—knowledge centers—are the future of partnership."
Alejandro Jose Martinez for TROIB News
The event featured remarks from China's Minister of Finance, Lan Fo'an, and World Bank President Ajay Banga.
Lan emphasized that the center signifies over 40 years of collaboration between China and the World Bank Group (WBG) and is set to establish a new standard for future partnerships in a new era. He 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."
Banga noted that China's ecosystem restoration initiatives provide important insights into achieving a balance between development and ecological health. He remarked, "What China did is to undertake ambitious programs to restore ecosystems and landscapes. You saw some of that in the opening video. Some of these were in partnership with the World Bank Group. And these efforts, I think, are where the valuable lessons have come. But I think you have demonstrated that creating jobs does not have to come at the expense of a livable planet."
During the event, both parties signed memoranda of understanding regarding the global center, as well as an agreement for the administration of a China-World Bank Group partnership facility.
Participants highlighted that the center will serve as a platform for various countries, including China, to exchange international experiences and promote the sharing of effective practices on a global scale. Valerie Hickey, Global Director for Environment at the World Bank, stated, "China does show that, whether it's drought or desertification, deforestation or land degradation, these are not inevitable and they are reversible, and you can have an environment and an economic agenda."
Beate Trankmann, the United Nations Development Programme Resident Representative for China, added, "I think it's only natural to see China partnering with multilateral institutions like the UN or the World Bank in this area, and I think these types of partnerships—knowledge centers—are the future of partnership."
Alejandro Jose Martinez for TROIB News
