China’s 14th Five Year Plan is set to strengthen policies to reduce carbon dioxide emissions.
The International Energy Agency (IEA) has concluded a ‘productive meeting’ with the Chinese Government to discuss how the IEA can support China in achieving its ambition of becoming carbon neutral before 2060.
Welcoming the opportunity to assist China in development of a roadmap and policies for achieving a peak in emissions before 2030, the IEA said its input is expected to draw on its expertise on critical technologies such as renewables and carbon capture, utilisation and storage. It would also provide policy expertise on emissions trading systems implementation.
The Chinese Government is developing its 14th Five Year Plan which is set to strengthen policies introduces to reduce carbon dioxide emissions.
China’s Minister of Ecology and Environment Huang Runqiu highlighted President Xi Jingping’s emphasis on the need for green, low-carbon industries, which he views as a ‘necessary component of the high quality economic development China is pursuing.’
The bilateral talks were held just ahead of the virtual G20 Summit, hosted by Saudi Arabia 21-22 November. The UK Prime Minister, Boris Johnson, used his speech at the event to welcome commitments made by a number of G20 countries to pursue Net Zero policies and warned of that future generations would be failed if swift action wasn’t taken to reduce emissions of carbon dioxide.
Reaffirming commitments to fighting the pandemic, the G20 leaders used a joint statement to highlight that the pandemic ‘revealed deep and pervasive weaknesses in health systems worldwide.’ The statement added ‘The role of the G20 in the fight against the pandemic is not over…The G20 countries have committed their efforts on both addressing the immediate challenges posed by the covid-19 pandemic and on ensuring the world is better prepared to deal with future health crises by enhancing pandemic preparedness and response.’