China is increasing its ambition in addressing climate change, and it has a strong national interest in sustaining its actions. That’s according to a recent panel of experts convened by WRI’s ChinaFAQs project and the Environmental and Energy Study Institute.
Action from the world's two largest emitters, which together account for 38 percent of global greenhouse gas emissions, should inspire greater climate commitments from other nations.
China will need investments in the order of $330 billion (RMB 2 trillion) a year from 2015-2030 to overcome its environmental challenges. Tapping the private sector can help scale up the country's green finance.
The world’s largest emitter plans to peak its emissions around 2030 and increase its share of non-fossil fuels in energy consumption to around 20 percent by the same year. The country's new climate plan also builds on these commitments with additional announcements on carbon intensity, forests, adaptation and more.
WASHINGTON (JUNE 30, 2015)— China formally submitted its contribution to United Nations climate talks today. The pledge commits China to a peak in emissions by 2030, an increase in the share of non-fossil fuels in its energy mix by about 20 percent by 2030, and a reduction in carbon dioxide emissions per unit of GDP by 60-65% by 2030, from 2005 levels.
Red tile roofs, a backyard barbecue, and a French chateau-style clubhouse. This may sound like Orange County, California, the famed suburb known for its beaches and McMansions, but this scene is actually from Orange County, Beijing.
As the world’s largest emitter, an ambitious and comprehensive climate plan from China is critical, both for reducing the country’s impact and for the greater climate action such ambition would inspire internationally.
A Case Study Of Beijing Emission Trading Scheme
This working paper assesses the GHG reduction impact of Beijing Emission Trading Scheme (ETS) and tracks the implementation status of this policy, using the two WRI-developed tools—Greenhouse Gas Protocol: Policy and Action Standard, and Climate Policy Implementation Tracking Framework.
米国人が使う「now you’re talking（そうだね）」というあいづちの裏には、「ようやく本気を出したね」という意味が込められている。気候変動対策に本腰を入れるとは、言葉による約束を実行に移すということであり、それも思い切った策でなければならない。