The China Mail - China unveils steady but restrained climate goals

USD -
AED 3.672502
AFN 66.272138
ALL 83.49892
AMD 382.462203
ANG 1.789982
AOA 917.000222
ARS 1406.911304
AUD 1.533966
AWG 1.805
AZN 1.701199
BAM 1.689676
BBD 2.011145
BDT 121.87473
BGN 1.689676
BHD 0.373737
BIF 2940.647948
BMD 1
BND 1.300389
BOB 6.909719
BRL 5.334399
BSD 0.998531
BTN 88.502808
BWP 13.406479
BYN 3.40311
BYR 19600
BZD 2.008207
CAD 1.40302
CDF 2149.999776
CHF 0.806225
CLF 0.024015
CLP 942.090228
CNY 7.11935
CNH 7.122165
COP 3780.3
CRC 501.339093
CUC 1
CUP 26.5
CVE 95.261339
CZK 21.03101
DJF 177.814255
DKK 6.46169
DOP 64.155508
DZD 129.316631
EGP 47.012697
ERN 15
ETB 154.143499
EUR 0.86534
FJD 2.28425
FKP 0.760233
GBP 0.760575
GEL 2.705011
GGP 0.760233
GHS 10.919222
GIP 0.760233
GMD 73.00004
GNF 8667.818575
GTQ 7.651836
GYD 208.907127
HKD 7.77563
HNL 26.25486
HRK 6.51898
HTG 132.907127
HUF 332.810054
IDR 16669
ILS 3.24347
IMP 0.760233
INR 88.63935
IQD 1308.077754
IRR 42099.999599
ISK 126.703233
JEP 0.760233
JMD 160.267819
JOD 0.708964
JPY 153.946992
KES 129.209843
KGS 87.450129
KHR 4019.006479
KMF 421.000235
KPW 900.018268
KRW 1456.145008
KWD 0.306901
KYD 0.832138
KZT 524.198704
LAK 21680.345572
LBP 89418.488121
LKR 304.354212
LRD 182.332613
LSL 17.296674
LTL 2.95274
LVL 0.60489
LYD 5.452268
MAD 9.256069
MDL 17.024622
MGA 4488.12095
MKD 53.153348
MMK 2099.87471
MNT 3580.787673
MOP 7.998963
MRU 39.553348
MUR 45.90988
MVR 15.405027
MWK 1731.490281
MXN 18.43226
MYR 4.166996
MZN 63.950265
NAD 17.296674
NGN 1435.23005
NIO 36.742981
NOK 10.152799
NPR 141.60432
NZD 1.775568
OMR 0.38114
PAB 0.998618
PEN 3.369762
PGK 4.215983
PHP 58.947013
PKR 282.349719
PLN 3.670117
PYG 7065.226782
QAR 3.639309
RON 4.401198
RSD 101.226782
RUB 81.085876
RWF 1450.885529
SAR 3.750401
SBD 8.230592
SCR 13.701253
SDG 600.496076
SEK 9.533875
SGD 1.302655
SHP 0.750259
SLE 23.195989
SLL 20969.499529
SOS 570.62635
SRD 38.59899
STD 20697.981008
STN 21.166307
SVC 8.736933
SYP 11056.858374
SZL 17.302808
THB 32.350499
TJS 9.216415
TMT 3.51
TND 2.95162
TOP 2.342104
TRY 42.23858
TTD 6.768898
TWD 31.015797
TZS 2456.415026
UAH 41.870929
UGX 3494.600432
UYU 39.766739
UZS 12042.332613
VES 228.194001
VND 26306
VUV 122.303025
WST 2.820887
XAF 566.701512
XAG 0.020379
XAU 0.000247
XCD 2.70255
XCG 1.799568
XDR 0.704795
XOF 566.701512
XPF 103.032397
YER 238.501498
ZAR 17.28389
ZMK 9001.203851
ZMW 22.591793
ZWL 321.999592
  • SCS

    0.0000

    15.76

    0%

  • JRI

    -0.0100

    13.74

    -0.07%

  • RIO

    0.0600

    69.33

    +0.09%

  • NGG

    1.4600

    77.75

    +1.88%

  • GSK

    -0.4700

    46.63

    -1.01%

  • CMSD

    0.0900

    24.1

    +0.37%

  • RELX

    -1.1200

    42.27

    -2.65%

  • BCC

    -0.0900

    70.64

    -0.13%

  • RBGPF

    -0.7800

    75.22

    -1.04%

  • CMSC

    0.0700

    23.85

    +0.29%

  • BP

    0.7600

    36.58

    +2.08%

  • BCE

    0.0200

    23.19

    +0.09%

  • BTI

    0.3800

    54.59

    +0.7%

  • VOD

    0.2400

    11.58

    +2.07%

  • RYCEF

    0.0800

    14.88

    +0.54%

  • AZN

    0.8100

    84.58

    +0.96%

China unveils steady but restrained climate goals
China unveils steady but restrained climate goals / Photo: © AFP/File

China unveils steady but restrained climate goals

China vowed Wednesday to cut its emissions by 7–10 percent over the next decade, a cautious commitment to climate action from the world's top polluter, as the United States doubles down on fossil fuels and Europe falters.

Text size:

The pledge, delivered via video by President Xi Jinping to a UN climate summit where some 120 nations will outline plans to curb global warming, comes as disasters intensify worldwide -- from catastrophic floods in Pakistan to raging wildfires in Spain.

While the headline target may seem modest, China has a record of under-promising while overdelivering, driven by its green technology boom.

"Green and low carbon transition is the trend of our time," said Xi. "While some country is acting against it, the international community should stay focused in the right direction."

China, responsible for 30 percent of global emissions, had previously pledged to peak its carbon output before 2030 -- a goal it appears on track to meet five years early.

The new target for 2035 is backed by commitments to expand wind and solar six times over 2020 levels, drastically expand forests, and ramp up electric cars production.

Most wealthy nations, historically the biggest contributors to warming, peaked decades ago but still lack credible plans to reach carbon neutrality by 2050.

"Beijing's commitment is a cautious step that favors steadiness and delivery over ambition" Li Shuo, an expert at the Asia Society think tank who is well-connected in Beijing, told AFP.

- Behind schedule -

"The good news is that in a world increasingly driven by self-interest, China may be better positioned than most to advance climate action," he added.

The stated trajectory, similar to the path followed by the US and EU in the decade after their peak emissions, would fall well short of what is needed to limit warming to 1.5C above pre-industrial levels -- the target set by the 2015 Paris Agreement to avoid the worst climate catastrophes.

But by presenting a target well ahead of COP30, the year's main climate gathering in Belem, Brazil, China signals its ongoing commitment to the international process even as the US under Trump champions fossil fuels and the EU struggles to unite around its plan.

For this UN summit, Secretary-General Antonio Guterres invited only countries ready to present or announce a new 2035 climate goal.

The US, which has withdrawn from the Paris accord for a second time under President Donald Trump, was absent a day after he addressed the world body and mocked climate change as a "con job."

Under the 2015 accord -- which nearly every country is part of -- nations freely set their own targets but must strengthen them every five years.

Most are behind schedule, notably the European Union, where several states fear moving too fast could hurt industry.

France, for example, faces shaky finances and political turmoil, and wants more clarity on investment frameworks before committing to deeper decarbonization.

- Catastrophism v hope -

The UN is trying to strike a balance between warning of catastrophe and maintaining hope.

On one hand, UN Secretary-General Antonio Guterres told AFP last week that chances of limiting warming to 1.5C are on the verge of "collapsing," a view echoed by climatologists, with current temperatures already about 1.4C above pre-industrial levels.

But on Wednesday, he struck a more positive note, saying the landmark Paris climate accord "has made a difference," Guterres said Wednesday, opening the summit.

"In the last 10 years, projected global temperature rise has dropped from four degrees Celsius to less than three," he said.

Part of that progress stems from China. A decade ago, three-quarters of its electric mix came from coal -- a figure now down to half. Its booming exports of solar panels, batteries, and electric cars are cutting emissions abroad as well.

S.Davis--ThChM