Promoting Green Finance and Supporting Local Development ---Key Takeaways from the CCICED 2016 Roundtable Meeting On March 29, the CCICED 2016 Roundtable Meeting was held in Shanghai on the theme of Promoting Green Finance and Supporting Local Development. Based on the research findings and policy recommendations of CCICED 2015 Task Force on Green Finance Reform and Green Transformation, and taking into account the opinions and suggestions from various stakeholders, including government officials, business leaders, and experts, this meeting aimed to explore ways to promote green finance and support local development. The meeting featured a series of presentations, discussions, and workshops that covered topics such as green financial instruments, sustainable infrastructure, and innovative financing models. Key takeaways from the meeting include: 1. The need for green finance is urgent and growing, driven by increasing awareness of environmental and social impacts. 2. Green finance can support local development by providing access to capital for projects that promote sustainability and reduce risks. 3. Green financial instruments, such as green bonds and sustainable loans, are becoming increasingly popular and effective in mobilizing private sector resources. 4. Innovative financing models, such as blended finance and impact investing, can help bridge the gap between public and private sectors in supporting local development. 5. The role of government in promoting green finance is critical, particularly in creating a supportive policy environment and providing incentives for businesses to adopt sustainable practices. Overall, the CCICED 2016 Roundtable Meeting was a significant step towards promoting green finance and supporting local development. It brought together stakeholders from various backgrounds and highlighted the importance of collaboration and innovation in addressing global sustainability challenges.