China’s president, Xi Jinping, said on Wednesday, 24, that “green and low carbon transformation is the trend of our time” and argued that developed countries take the lead in reducing global emissions.
In a discourse at the United Nations Climate Summit (UN), he pointed out that, although “some countries go against the current”, the international community should maintain continuous action and firm efforts to advance climate governance.
XI stressed that the ecological transition needs to be conducted with justice. In this sense, the Chinese leader demanded that rich nations comply with “the obligation to reduce emissions first” and offer greater financial and technological support to developing countries.
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He also requested more cooperation in innovation and industry to “ensure the global free circulation of quality green products” and expand sustainable productive capacity.
The president of Asian power has also announced new national goals: by 2035, China intends to cut its net greenhouse gas emissions from 7% to 10%, raise the slice of non -fossil energies to more than 30% of consumption, multiply the installed capacity of wind and solar over 2020 and make predominant electric cars among new vehicles. The plan also provides for expanding carbon market coverage and raising the volume of forests.
