The IFF Global Green Finance Innovation Award has been initiated by the International Finance Forum (IFF) to reward institutions and innovative solutions for their outstanding contribution to green finance, especially in climate and biodiversity finance worldwide and facilitate the process of global climate governance and sustainable development. Based on the success of the first IFF Global Green Finance Award in 2020, the IFF officially launched the IFF 2021 Global Green Finance Award application this September and received many applications from well-known domestic and international institutions.

The Award Jury has 25 prominent leaders and experts from economic, financial and environmental realms, with global influence and authority. Scientific and rigorous evaluation procedures and criteria have been implemented based on good international practices. Upholding the principles of openness, fairness and impartiality, the Award Jury has carried out orderly and conscientious review, verification, comprehensive evaluation and public announcement process on the 32 pre-screened applicants and their projects, based on several dimensions including innovation, replicability, contribution to green finance development, profitability and contribution to public welfare, etc. 10 winners each for the 2021 Global Green Finance Annual Award and the 2021 Global Green Finance Innovation Award have been selected as below (not in any particular order):

1. Annual Award Winners
Industrial Bank of China
Hong Kong Green Finance Association
Industrial and Commercial Bank of China
Bank of China
Ernst & Young
Citi Bank
CSC Financial
E Fund
Shanghai United Assets and Equity Exchange
Lianhe Equator Environmental Assessment Co., Ltd.

2. Innovation Award Winners
China Construction Bank
（CCB-Wind Green ESG Bond Index and Yield Curve）
Bank of Qingdao
（BQD Blue Finance Project – Blue Bond）
All-China Environment Federation
（Green Inclusive Cloud – Carbon Emission Reduction Digital Account Book）
Standard Chartered Bank
（1st Sustainability-linked loan to CSSC (Hong Kong) Shipping Company Ltd）
China Central Depository & Clearing
（China Bond – Green Bond Environmental Benefit Disclosure Indicator System and the Green Bond Database）
CECEP Fund
（The CECEP-ADB Project）
The People's Insurance Company (Group) of China
（Forestry Carbon Sink Insurance）
Postal Savings Bank of China
（Finance Promotes the Value Realization of Ecological Products of Postal Savings Bank of China）
China Asset Management
（ First cross-border globally responsible investment fund of Chinese equities）
Deloitte Touche Tohmatsu Certified Public Accountants LLP
（Green Finance Management Improvement and Green Finance Information System Consulting Project）