China and the European Union redoubled their commitment to a strong climate pact on Monday in a Brussels summit, as the Asian giant readied its widely-anticipated pledge for submission. Heads of the world’s number one and three emitters of greenhouse gas emissions signed a joint agreement on climate change and heralded a “new starting point” after 40 years of relations.
It sees a deepening of Sino-European ties as new chiefs seek to overcome former diplomatic hostilities, with Chinese investment earmarked for a European infrastructure fund and greater collaboration on issues from migration to the Greece crisis.
“This year is critical in terms of global climate change governance,” said Chinese premier Li Keqiang, who travelled to the Belgian capital for the first time. “We are willing to work together with the EU side to jointly tackle the challenge posed by climate change that observes principles of common but differentiated responsibility, equity and respective capabilities to implement climate change solutions,” he told reporters in a press conference.
China would submit its “intended nationally determined contribution” before the end of June confirming months of speculation, Keqiang said. Accounting for over a quarter of emissions, it is a significant player in crafting a global warming agreement.
Time is running short for countries to decide the practical details of how the Paris Agreement will be brought to life, known as the Paris “rulebook”.
The world risks crossing the point of no return on climate change, with disastrous consequences for people across the planet and the natural systems that sustain them, the United Nations Secretary-General António Guterres warned on Monday, calling for more leadership and greater ambition for climate action, to reverse course.
China’s vision of a global energy system overemphasises the benefits of connectivity. Planners and investors also have to consider the potential impacts on biodiversity and local community livelihoods from different power generation methods and find ways to prevent them.
A new report analyses how the transition to a low-carbon economy – and the minerals and metals required to make that shift – could affect fragility, conflict, and violence dynamics in mineral-rich states.