The People’s Republic of China moves ahead with: “green infrastructure, green energy, green transport and green finance”

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ENERGIA LIMPIA XXI. China is moving forward in terms of renewable energy and sustainable development. This week, President Xi Jinping ratified the significant progress of his nation. “Last year, I made the official announcement that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. This major strategic decision is made based on our sense of responsibility to build a community with a shared future for mankind and our own need to secure sustainable development. China has committed to move from carbon peak to carbon neutrality in a much shorter time span than what might take many developed countries, and that requires extraordinarily hard efforts from China. The targets of carbon peak and carbon neutrality have been added to China’s overall plan for ecological conservation. We are now making an action plan and are already taking strong nationwide actions toward carbon peak. Support is being given to peaking pioneers from localities, sectors and companies. China will strictly control coal-fired power generation projects, and strictly limit the increase in coal consumption over the 14th Five-Year Plan period and phase it down in the 15th Five-Year Plan period. Moreover, China has decided to accept the Kigali Amendment to the Montreal Protocol and tighten regulations over non-carbon dioxide emissions. China’s national carbon market will also start trading”. A report carried by Energía Limpia XXI states that China is not just leading changes at a national level but is also going beyond, promoting green energy, green transport and greener infraestructures.

President Xi also noted that “The principle of common but differentiated responsibilities is the cornerstone of global climate governance. Developing countries now face multiple challenges to combat COVID-19, grow the economy, and address climate change. We need to give full recognition to developing countries’ contribution to climate action and accommodate their particular difficulties and concerns. Developed countries need to increase climate ambition and action. At the same time, they need to make concrete efforts to help developing countries strengthen the capacity and resilience against climate change, support them in financing, technology, and capacity building, and refrain from creating green trade barriers, so as to help developing countries accelerate the transition to green and low-carbon development”.

With respect to the upcoming COP26, China’s leader has expressed its firm support for the UNFCCC in achieving positive outcomes. “As we in China often say, “It is more important to show people how to fish than just giving them fish.” China has done its best to help developing countries build capacity against climate change through various forms of results-oriented South-South cooperation. From remote sensing satellites for climate monitoring in Africa to low-carbon demonstration zones in Southeast Asia and to energy-efficient lights in small island countries, such cooperation has yielded real, tangible and solid results. China has also made ecological cooperation a key part of Belt and Road cooperation. A number of green action initiatives have been launched, covering wide-ranging efforts in green infrastructure, green energy, green transport and green finance, to bring enduring benefits to the people of all Belt and Road partner countries”.

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