On September 12 during the Global Legal & Sustainable Timber Forum 2024, the Specialized Sub-forum on Green Finance and Innovative Facilitating Measures for Green Supply Chains was successfully held. The sub-forum was co-hosted by Global Green Supply Chain of Forest Products (Macao) Federation, Guangdong-Hong Kong-Macau Greater Bay Area-Green Finance Alliance (GBA-GFA), and Central African Forest Initiative (CAFI), and the collaborating partners included Macau Association of Banks, UFIAG - Gabon, China Cameroon Timber Industry Association, Ejinhoro Indonesia International Research Institute Foundation, Doors Association of Guangdong, Qingfeng Furniture Association, and Putian Commercial Association in Zhangjiagang. Under the theme "New Financial Opportunities in Forest Sustainability", the sub-forum attracted over 100 representatives from timber enterprises, industry associations, and financial institutions.

The officiating guests for the sub-forum included, Mr. Ip Sio Kai, President, Guangdong-Hong Kong-Macau Greater Bay Area-Green Finance Alliance (GBA-GFA); Mr. Vincent U, President, Board of Directors of Commerce and Investment Promotion Institute (IPIM) of the Macao Special Administrative Region; Mr. Yuan Bing, Chairman, Global Green Supply Chain of Forest Products (Macao) Federation; Dr. Luo Xinjian, Secretary General, Global Green Supply Chains Initiative (GGSC); Mr. Bruno Guay, Advisor, Private Sector Engagement and Carbon Finance, Central African Forest Initiative (CAFI), etc. And Ms. Rosalie Matondo, Minister, Ministry of Forest Economy of Republic of the Congo, attended as a special guest and delivered a speech.

Mr. Ip Sio Kai, President of Guangdong-Hong Kong-Macau Greater Bay Area-Green Finance Alliance, said in his speech that the green finance sub-forum shared the global forestry development status and discussed future development directions from a financial perspective. He expressed hope that by gathering insights from all parties, new thinking for the sustainable development of the global timber industry could be provided in the future, so as to bring new inspiration for global green and high-quality development.

Mr. Yuan Bing, Chairman of Global Green Supply Chain of Forest Products (Macao) Federation, said in his speech, “for promoting the integration of green finance and green supply chain, the Federation has carried out a series of activities around the United Nations Sustainable Development Goals and achieved positive progress. In the future, the Federation will actively work with global visionaries to cooperate sincerely, on the basis of equality and mutual benefits, to produce practical results, promote the common prosperity for the global timber market, and benefit the public.”