{"id":474912,"date":"2024-09-08T10:30:00","date_gmt":"2024-09-08T02:30:00","guid":{"rendered":"https:\/\/www.ipim.gov.mo\/ipim-news\/2024-09-09-leveraging-platform-strengths-to-drive-green-economy-glstf-2024-to-be-held-from-11-to-12-september-in-macao\/"},"modified":"2024-09-08T10:30:00","modified_gmt":"2024-09-08T02:30:00","slug":"2024-09-09-leveraging-platform-strengths-to-drive-green-economy-glstf-2024-to-be-held-from-11-to-12-september-in-macao","status":"publish","type":"post","link":"https:\/\/www.ipim.gov.mo\/en\/ipim-news\/2024-09-09-leveraging-platform-strengths-to-drive-green-economy-glstf-2024-to-be-held-from-11-to-12-september-in-macao\/","title":{"rendered":"[2024\/09\/08] [Leveraging platform strengths to drive green economy] GLSTF 2024 to be held from 11 to 12 September in Macao"},"content":{"rendered":"<p style=\"text-align:justify\">Preparations for the 2024 Global Legal &amp; Sustainable Timber Forum (GLSTF 2024) are now fully underway and the event will take place at MGM Cotai from 11 to 12 September.<\/p>\n<p style=\"text-align:justify\"><strong>Participated in by more than 700 key timber enterprises from over 40 countries and regions<\/strong><\/p>\n<p style=\"text-align:justify\">Jointly hosted by the Commerce and Investment Promotion Institute (IPIM) of the Macao Special Administrative Region and the International Tropical Timber Organization (ITTO), and organised by the Secretariat of the Global Green Supply Chains Initiative (GGSC), GLSTF 2024 will bring together more than 700 key enterprises, policymakers and international experts from over 40 countries and regions to explore the way forward for high-quality green development in the global timber industry.<\/p>\n<p style=\"text-align:justify\"><strong>Showcasing Macao\u2019s advantages as the \u201cBest Convention City (Asia)\u201d<\/strong><\/p>\n<p style=\"text-align:justify\">This year\u2019s forum will not only showcase Macao\u2019s strengths as the \u201cBest Convention City (Asia)\u201d but also facilitate the participation of mainland enterprises in the quality construction of the Belt and Road Initiative, promoting green development and diversified co-operation in the global timber industry.<\/p>\n<p style=\"text-align:justify\">Senior executives from Belt and Road countries such as Peru and Malaysia, along with representatives from international organisations and business associations, will engage in practical collaboration during the forum\u2019s \u201cHigh-Level Segment\u201d to jointly discuss the development of reliable and efficient global timber supply chains.<\/p>\n<p style=\"text-align:justify\"><strong>Advancing new developments in the Belt and Road Initiative<\/strong><\/p>\n<p style=\"text-align:justify\">One of the highlights of this year\u2019s event is the addition of the sub-forum \u201cGreen Finance and Innovative Facilitating Measures for Green Supply Chains\u201d and the \u201cGlobal Forestry Youth Leadership Workshop: Wood and Bamboo Sustainable Buildings\u201d organised by business associations and higher education institutions in Macao, further reflecting Macao\u2019s pro-active role in advancing green economic development.<\/p>\n<p style=\"text-align:justify\">Themed \u201cTogether Towards Reliable and Effective Global Timber Supply Chains\u201d, the forum aims to promote win-win co-operation among all parties and inject new momentum into the sustainable development of the global timber industry.<\/p>\n<p style=\"text-align:justify\">This year\u2019s activities will include a summit, four specialised sub-forums, and multiple business matching sessions, focusing on seamless integration across the entire supply chain, from upstream resources to end-use consumption in downstream markets, with in-depth discussions on the dynamics and trendy topics related to the development of the industry.<\/p>\n<p style=\"text-align:justify\"><strong>Opening up new opportunities for green finance and cross-border trade in Macao<\/strong><\/p>\n<p style=\"text-align:justify\">GLSTF 2024 will also see the release of two research findings on the Global Timber Index (GTI) and blockchain technology, supported by IPIM with the involvement of local higher education institutions. These findings will attract global traders to Macao to explore business opportunities in international tropical timber trade, sustainable forest management and green supply chains.<\/p>\n<p style=\"text-align:justify\">The active participation of Macao\u2019s business associations in the \u201cAction Framework for Promoting Legal &amp; Sustainable Timber Supply Chains\u201d and the \u201cGreen Finance and Green Supply Chains (GF&amp;GS) Integration Action Plan\u201d will bring about new opportunities for green finance and cross-border trade in Macao.<\/p>\n<div class=\"wp-caption alignnone\">\n                <a href=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFS44na\" data-component=\"Popup\" data-fancybox=\"gallery\" data-caption=\"The Global Legal &amp; Sustainable Timber Forum continues to strengthen exchange and co-operation in the global timber industry.\" data-type=\"image\"><br \/>\n                <img decoding=\"async\" class=\"size-large\" src=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFS44na\" title=\"The Global Legal &amp; Sustainable Timber Forum continues to strengthen exchange and co-operation in the global timber industry.\" alt=\"The Global Legal &amp; Sustainable Timber Forum continues to strengthen exchange and co-operation in the global timber industry.\" width=\"1024\"><br \/>\n                <\/a><\/p>\n<p class=\"wp-caption-text\">The Global Legal &amp; Sustainable Timber Forum continues to strengthen exchange and co-operation in the global timber industry.<\/p>\n<\/p><\/div>\n<div class=\"wp-caption alignnone\">\n                <a href=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFHEGPA\" data-component=\"Popup\" data-fancybox=\"gallery\" data-caption=\"Business matching during GLSTF helps to create business opportunities for international collaboration.\" data-type=\"image\"><br \/>\n                <img decoding=\"async\" class=\"size-large\" src=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFHEGPA\" title=\"Business matching during GLSTF helps to create business opportunities for international collaboration.\" alt=\"Business matching during GLSTF helps to create business opportunities for international collaboration.\" width=\"1024\"><br \/>\n                <\/a><\/p>\n<p class=\"wp-caption-text\">Business matching during GLSTF helps to create business opportunities for international collaboration.<\/p>\n<\/p><\/div>\n<div class=\"wp-caption alignnone\">\n                <a href=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFvFvBU\" data-component=\"Popup\" data-fancybox=\"gallery\" data-caption=\"Please scan the QR code to register for the event.\" data-type=\"image\"><br \/>\n                <img decoding=\"async\" class=\"size-large\" src=\"https:\/\/cdn.gcs.gov.mo\/api\/resource\/ibs\/P24IFvFvBU\" title=\"Please scan the QR code to register for the event.\" alt=\"Please scan the QR code to register for the event.\" width=\"1024\"><br \/>\n                <\/a><\/p>\n<p class=\"wp-caption-text\">Please scan the QR code to register for the event.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Preparations for the 2024 Global Legal &amp; Sustainable Timber Forum (GLSTF 2024) are now fully underway and the event will take place at MGM Cotai [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":480998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-474912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipim-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>[2024\/09\/08] 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