China, the world’s largest emitter, is making strides to reduce its emissions by pricing carbon, investing in renewables and expanding energy efficiency.
China nearly doubled its number of cars from 2008 to 2010. Beijing and Shanghai are pioneering new strategies to reduce vehicle travel and create safer, more sustainable cities.
The China-led Asian Infrastructure Investment Bank and other new multilaterals are becoming an important part of the development finance landscape. How they answer these five questions will have far-reaching implications.