• China delivers promise of stopping building new coal-fired power plants aboard

    sxcoal.com Environmental Protection 2023-12-05 10:31:28

    China has completely stopped building new coal-fired power plants aboard, said Vice Premier Ding Xuexiang during the UN COP28 in Dubai, a move exhibits the second-largest economy's responsibility to carbon reduction and tackling climate changes.

     

    This came after President Xi Jinping announced the pledge at the United Nations General Assembly in 2021.

     

    Moreover, China has vigorously pursued green development, reducing its carbon dioxide emissions intensity by over 51% from 2005 levels by 2022, according to Ding.

     

    It now leads the world in electric vehicle production and sales, with new energy vehicle ownership exceeding 18 million units or over half of the global total.

     

    Ding said China has also deeply driven an energy revolution, with non-fossil fuel sources accounting for 50.9% of its energy mix. It has supplied 50% of the world's wind power equipment and 80% of photovoltaics.

     

    China has actively promoted international climate cooperation. It has arranged over 1.2 billion yuan ($168.8 million) in special funds for South-South climate cooperation to boost developing countries' climate resilience.

     

    Ding put forward three recommendations. First, practice multilateralism and uphold the goals and principles of the UNFCCC and Paris Agreement to strengthen solidarity and achieve win-win results.

     

    Second, accelerate the green transition by boosting renewables and promoting clean, low-carbon and efficient use of fossil fuels to form green and low-carbon production and lifestyles.

     

    Third, strengthen implementation of commitments, especially developed countries substantially increasing financial, technological and capacity support for developing nations to realize ambitions.

     

    As a responsible major developing country, China is ready to work with all partners in building a clean and beautiful world, Ding said.

     

    (Writing by Alex Guo  Editing by Harry Huo)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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