• China and US reach climate agreements ahead of COP28

    sxcoal.com General,  Environmental Protection,  International 2023-11-10 17:05:29

    China and the United States have made significant progress on climate issues, paving the way for productive discussions at the upcoming COP28 talks in Dubai, according to China's Ministry of Ecology and Environment.

     

    After four days of challenging negotiations between US climate envoy John Kerry and Chinese envoy Xie Zhenhua at Sunnylands, California, they had reached understandings and agreements that would benefit the global community by promoting renewable energy and addressing climate finance.

     

    The cooperation between the world's two largest economies and top greenhouse gas emitters is crucial for achieving consensus at COP28, which is expected to focus on topics such as climate finance and more ambitious energy transition goals.

     

    Kerry said the details of the agreements would be disclosed soon. Notably, an important agreement was reached regarding a climate loss and damage fund to support regions most vulnerable to climate impacts, he added.

     

    Kerry expressed anticipation regarding potential compromises from China on coal.

     

    Kerry labeled "greed" as the main obstacle to climate action, emphasizing the urgency to move away from coal and the need for a serious approach.

     

    The talks between Kerry and Xie have set a positive tone for COP28, which Kerry deemed absolutely critical to maintaining the possibility of limiting global warming to 1.5 degrees Celsius.

     

    Additionally, he underscored the importance of including oil and gas stakeholders at the table, acknowledging their role in the climate battle.

     

    (Writing by Riley Liang  Editing by Emma Yang)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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