China committed to establish a national emissions-trading program, while the United States announced new actions to help reduce its emissions 26 to 28 percent below 2005 levels by 2025.
Two new papers from the Open Climate Network find that with further ambitious actions, China can peak its emissions at a lower level than planned, with lower cumulative emissions than initially thought.
This paper is a comprehensive, balanced assessment of China’s efforts to reduce emissions and act on climate change since 2011. It identifies key actions to watch for in 2016 as the country unveils its next five-year plan (FYP).
Presidents Obama and Xi are demonstrating courageous leadership on climate change. Both countries are moving forward with on-the-ground action to hasten the transition to a low-carbon economy. They’re also laying the cornerstone for an ambitious climate agreement in Paris.
President Xi Jinping's visit to the United States comes at a moment of high tension in Sino-U.S. relations. But amid uncertainty around China's economy and acrimony on cybersecurity, at least one issue holds promise for positive collaboration: climate change.
Energy use in China's buildings is projected to rise by 40 percent between 2009 and 2030. Reducing this sector's footprint is critical for achieving the country's target of peaking its emissions by 2030.
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.