Green Finance and Innovative Facilitation Measures
Specialized Sub-forum 4
on Green Finance and Innovative Facilitation Measures for Green Supply Chains:
Empowering the Value of Ecological Products through Forest and Timber Supply Chain Finance
Date and Venue
Time: 24 September 2025, 09:00-12:30
Venue: MGM COTAI, Macao SAR, China
Co-organizer
Global Green Supply Chain of Forest Products (Macao) Federation
Background
On September 11th 2024, at the Global Legal and Sustainable Timber Forum, the International Tropical Timber Organization (ITTO) launched the "Action Framework for Promoting Legal and Sustainable Timber Supply Chains." Under this framework, ITTO, together with the Central African Forest Initiative (CAFI), the Global Green Supply Chains Initiative (GGSC), and Global Green Supply Chain of Forest Products (Macao) Federation, jointly initiated the "Green Finance & Green Supply Chain Integration (GF&GS)"demonstration action.
The demonstration action will provide the furniture industry in international markets with a legal and stable timber supply while enhancing the competitiveness of the forestry and timber processing sectors in Central Africa. It will also support socioeconomic development, biodiversity conservation, and climate action. Over the past year, the Macao Federation, CAFI, the Common Fund for Commodities (CFC), and ITTO have conducted multiple exchanges, focusing on the implementation pathways for "low-cost loans incentivizing legal and sustainable certification." Progress in this area has drawn significant attention from the timber private sectors.
Purpose and Scope
- Explore pathways for integrating green finance with the timber and home furnishing supply chain to facilitate the implementation of the "Action Framework for Promoting Legal and Sustainable Timber Supply Chains" in Macao.
- Define the positioning, functions, and operational model of the "Global Green &Green Finance Platform" and promote its establishment in Macao.
- Establish a "Working Group for Advancing the Global Green &Green Finance Platform" and adopt a resolution involving banks, industries, international organizations, and other stakeholders to jointly develop the platform.
Key Topics
- Investment Progress of Green Finance in the Private Sector
- Introduction of the Action Framework for Promoting Legal and Sustainable Timber Supply Chains and its demonstration action
- Global Green & Green Finance Platform Design Plan
- Innovation in Green Financial Products
- Cross-Border Timber Trade
- Credit Support for Traceability and Certified Enterprises
- Demonstration of a Mutually Beneficial Win-Win Model for Rural Revitalization Leveraging Macao's Global Outreach
Participants
120-150 participants are expected to represent government, business actors, financial institution, trade and industry organizations, academics, and civil society. Ensuring diversity among stakeholders present at this event will allow for fruitful debate and strengthening collaboration and partnership among stakeholders.
Contact Person
Wu Shuang: gfgs@macaufd.net