With China at an economic and environmental crossroad, ongoing cooperation on climate and clean energy with the U.S. can yield significant social and economic rewards for both countries. The benefits of this course can and must go together to tackle climate change and create vibrant economies for the 21st century.
To limit global warming to 2 degrees C will require enormous collective effort.
China and the U.S. have joined the EU by announcing their targets, and as the world’s top three emitters, the pressure will stay on them to deliver the most ambitious reductions possible.
As governments prepare to resume climate negotiations at COP 20, a key issue is the commitments countries are making to reduce their greenhouse gas emissions after 2020.
A new report from the UNEP quantifies the magnitude for those commitments that will be needed in order to have a likely chance of limiting global warming to 2 degrees C (3.6 degrees F), thus preventing some of the most disastrous impacts of climate change.
An Accounting and Reporting Standard for National and Subnational Greenhouse Gas Reduction Goals
The GHG Protocol Mitigation Goal Standard provides guidance for designing national and subnational mitigation goals and a standardized approach for assessing and reporting progress toward goal achievement.
An Accounting and Reporting Standard for Estimating the Greenhouse Gas Effects of Policies and Actions
The GHG Protocol Policy and Action Standard provides a standardized approach for estimating and reporting the change in GHG emissions and removals resulting from policies and actions.
Recently the world took two giant steps toward reaching a global agreement to fight climate change in 2015: a landmark U.S.-China accord and a $4.5 billion pledge to the Green Climate Fund by the United States and Japan.
But there are some conditions attached.
The blockbuster climate announcement in Beijing on November 12 unveiled new targets for both China and the United States. The renewed collaboration on climate change could be an historic turning point.