A G20 communique on green finance and new national guidelines on greening China's financial system could help shift investments from high-carbon to low-carbon sectors.
The United States and China formally joined the Paris Agreement in a ceremony in Hangzhou, China ahead of the G20 Summit. The move brings the world firmly within range of hitting the threshold needed for the climate agreement to "enter into force"—which could happen as soon as this month.
WASHINGTON (September 3, 2016)— President Obama and President Xi jointly announced that the United States and China have joined the Paris Agreement on climate change, just before world leaders meet at the G20 Summit in China.
WASHINGTON (August 22, 2016)—The 2016 G20 Summit in Hangzhou, China is just around the corner, September 4-5, and will be the first G20 Summit since the Paris Agreement was reached last December. Many are looking to the G20 for a clear signal from world leaders that the message of Paris was received, and that member countries are putting climate and clean energy action at the heart of their growth agendas.
China is making significant progress in the fight against climate change, including a commitment to peak its carbon emissions around 2030. From ramping up its carbon intensity target to limiting coal use to implementing an emissions trading scheme, recent signs show that the country is already...
This technical note describes the data and methodology used to calculate BWS-China.
Transportation is a major source of carbon emissions in China and the United States—20 and 30 percent, respectively. It's why experts and officials came together to brainstorm low-carbon solutions at the recent US-China Transportation Forum. Four ideas emerged.
BEIJING (June 8, 2016)— At the second China-US Climate Smart/Low Carbon Cities Summit, representatives from more than 50 cities came together to enhance cooperation on low-carbon development. Twelve Chinese cities pledged to peak their carbon emissions earlier than China’s national target of 2030, joining the 11 founding cities and provinces of the Alliance of Peaking Pioneer Cities (APPC). The APPC was launched in 2015 at the China-US Climate-Smart/Low Carbon Cities Summit.
China's cities have a critical role to play in addressing climate change, but some huge metropolitan areas like Chengdu hadn't focused on reducing greenhouse gas emissions. That changed today as Chengdu and other Chinese cities and provinces committed to have their emissions peak by or before 2030 and decline after that.