Liu Zhenmin, China's Special Envoy for Climate Change, recently attended the 13th International Energy Forum in Bangkok, where he discussed China's commitment to accelerating its energy transition and aiming for carbon peaking and neutrality.
From People.cn
Liu Zhenmin, China's Special Envoy for Climate Change, recently attended the 13th International Energy Forum in Bangkok, where he discussed China's commitment to accelerating its energy transition and aiming for carbon peaking and neutrality. Additionally, China is contributing to global climate change efforts through South-South cooperation and the Green Belt and Road Initiative.
This year marks the 30th anniversary of the United Nations Framework Convention on Climate Change (UNFCCC). Over these decades, a global climate governance system has been established. Despite recent challenges, Liu emphasized the system's effectiveness and the need for unwavering support. He urged countries to enhance climate action, promote technological innovation, increase climate funding for developing nations, and strengthen international cooperation to build a fair, reasonable, and cooperative global climate governance system.
Recently, the 29th Conference of the Parties to the UNFCCC concluded in Baku, Azerbaijan, resulting in the "Baku Climate Solidarity Pact." Liu noted the significance of this conference in UN climate change history, highlighting the adoption of a new collective quantified climate finance goal, aiming to mobilize at least $300 billion annually from developed countries by 2035. This outcome reinforces the global trend towards a green, low-carbon transition and demonstrates the effectiveness of multilateralism and the convention mechanism.
Under the South-South cooperation framework for climate change, China has consistently supported other developing nations. Since 2016, China has provided and mobilized over RMB 177 billion for various projects. As of October this year, China has signed 53 climate change cooperation memorandums with 42 developing countries. Liu stated that China's support has yielded positive results in helping these countries tackle climate change.
Over the past 30 years, China has played an increasingly important role in global climate governance. Currently, China's "new three" export products– electric vehicles (EVs), lithium batteries and solar panels – reach over 200 countries and regions worldwide. More than two-thirds of the world's photovoltaic and wind power equipment comes from China, and China's market share in electric vehicles is globally leading. These efforts form the foundation for promoting global energy transition.