The Limited Times

Now you can see non-English news...

Cop26, what the US-China climate agreement provides

2021-11-11T08:56:42.634Z


Collaboration on renewables, methane emissions, aid and rules (ANSA)   The " Joint US-China Statement to Improve Climate Action in the 1920s" is a three-page document. The two countries say they are "committed to pursuing" efforts to meet the goals of the Paris Agreement: staying under 2 degrees of global warming from pre-industrial levels and aiming to stay below 1.5 degrees.     This is why they say they are committed to "improved climate actions to raise ambiti


  The "

Joint US-China Statement

to Improve Climate Action in the 1920s" is a three-page document. The two countries say they are "committed to pursuing" efforts to meet the goals of the Paris Agreement: staying under 2 degrees of global warming from pre-industrial levels and aiming to stay below 1.5 degrees.



    This is why they say they are committed to "improved climate actions to raise ambition in the 1920s". The two countries recognize that there is "a significant gap" between the efforts made around the world to combat the climate crisis and "what needs to be done to achieve the goals of the Paris Agreement".



    The two sides say they intend to collaborate on "regulatory schemes and environmental standards to reduce greenhouse gas emissions in the 1920s", "social benefits on the transition to clean energy", "policies to encourage decarbonization", "circular economy", "carbon capture and use".



    A paragraph of the agreement is dedicated to collaboration in the fight against methane emissions, the most dangerous greenhouse gas, coming above all from leaks from extraction and distribution plants. China says it intends to implement a national emission reduction plan, and the two countries agree to meet next year to discuss the issue.


    Another paragraph is dedicated to the collaboration between the two superpowers on renewable energy sources, on which they are both at the forefront. There is talk of cooperation above all on smart grids that have to manage intermittent solar and wind production and on widespread production, as well as on energy efficiency. China pledges to cease coal consumption in its 15 / o five-year plan (2026-2030), and the two countries reiterate the end of funding to coal-fired power plants overseas with unabated emissions.



    Cooperation is also announced on the fight against deforestation and the $ 100 billion a year fund to help LDCs decarbonise.

As for COP26, China and the US are committed to working together on the Paris Rulebook (the common rules for the application of the Paris Agreement) and on Article 6 of the Agreement, which provides for a global carbon emissions market.



    The two countries will announce new decarbonisation commitments (NDC) to 2035 in 2025. Finally, they will create a "Working Group for Improving Climate Action in the Twenties", which will meet regularly.  

Source: ansa

All news articles on 2021-11-11

You may like

News/Politics 2024-02-10T20:13:22.527Z
News/Politics 2024-02-09T13:53:25.890Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.