The Japan Times - In first, China unveils specific emissions targets

EUR -
AED 4.279407
AFN 76.324228
ALL 92.268441
AMD 424.047681
ANG 2.085556
AOA 1069.704958
ARS 1765.109716
AUD 1.62275
AWG 2.097462
AZN 1.977699
BAM 1.955098
BBD 2.348007
BDT 143.158577
BGN 1.976701
BHD 0.439542
BIF 3478.650464
BMD 1.165256
BND 1.480768
BOB 13.459165
BRL 6.001186
BSD 1.165801
BTN 111.175066
BWP 15.578939
BYN 3.515828
BYR 22839.026188
BZD 2.344608
CAD 1.618093
CDF 2650.957856
CHF 0.93908
CLF 0.02723
CLP 1071.709087
CNY 7.833728
CNH 7.830403
COP 3646.774896
CRC 529.709727
CUC 1.165256
CUP 30.879296
CVE 110.225407
CZK 24.123602
DJF 207.598993
DKK 7.475271
DOP 67.855626
DZD 155.078138
EGP 58.507273
ERN 17.478847
ETB 190.422968
FJD 2.556048
FKP 0.857209
GBP 0.857611
GEL 3.026728
GGP 0.857209
GHS 13.050536
GIP 0.857209
GMD 85.644286
GNF 10247.319148
GTQ 8.893805
GYD 243.896578
HKD 9.135028
HNL 31.271304
HRK 7.534785
HTG 152.519142
HUF 361.758489
IDR 20689.885477
ILS 3.462797
IMP 0.857209
INR 111.241381
IQD 1527.151445
IRR 1601732.369038
ISK 140.600123
JEP 0.857209
JMD 184.726816
JOD 0.826126
JPY 185.718285
KES 150.737317
KGS 101.901698
KHR 4715.427612
KMF 492.903723
KPW 1048.731137
KRW 1608.432562
KWD 0.359784
KYD 0.971472
KZT 536.298867
LAK 26165.601278
LBP 104397.288092
LKR 383.062403
LRD 211.583999
LSL 18.574287
LTL 3.440699
LVL 0.704852
LYD 7.386474
MAD 10.762934
MDL 20.144937
MGA 5020.369011
MKD 61.502908
MMK 2447.048469
MNT 4190.555791
MOP 9.412319
MRU 46.841175
MUR 54.55759
MVR 18.015071
MWK 2021.543253
MXN 19.764433
MYR 4.693064
MZN 74.465735
NAD 18.574527
NGN 1567.922544
NIO 42.904589
NOK 10.897093
NPR 177.883157
NZD 1.959483
OMR 0.448047
PAB 1.165781
PEN 3.909096
PGK 5.170187
PHP 72.041967
PKR 323.768659
PLN 4.311851
PYG 6974.644335
QAR 4.250073
RON 5.257868
RSD 117.297072
RUB 98.348945
RWF 1717.242112
SAR 4.371299
SBD 9.322201
SCR 16.12517
SDG 700.319152
SEK 11.101666
SGD 1.480837
SHP 0.863299
SLE 28.77716
SLL 24434.84398
SOS 666.283542
SRD 43.999506
STD 24118.455627
STN 24.491413
SVC 10.200555
SYP 15150.6641
SZL 18.562651
THB 38.236712
TJS 10.760035
TMT 4.09005
TND 3.393781
TOP 2.805658
TRY 56.08977
TTD 7.920155
TWD 36.979762
TZS 3082.689375
UAH 51.942825
UGX 4357.509567
USD 1.165256
UYU 46.85317
UZS 13779.346068
VES 916.224007
VND 30410.862524
VUV 138.031989
WST 3.153612
XAF 655.743966
XAG 0.016984
XAU 0.000253
XCD 3.149164
XCG 2.10109
XDR 0.823897
XOF 655.732715
XPF 119.331742
YER 276.223808
ZAR 18.591113
ZMK 10488.706996
ZMW 22.120529
ZWL 375.212098
  • CMSD

    -0.1000

    21.16

    -0.47%

  • CMSC

    -0.0650

    21.275

    -0.31%

  • BCC

    -1.1000

    79.94

    -1.38%

  • JRI

    -0.0400

    12.44

    -0.32%

  • RBGPF

    0.0000

    71.13

    0%

  • RIO

    -2.1100

    104.7

    -2.02%

  • VOD

    -0.1900

    15.94

    -1.19%

  • BP

    -0.3600

    42.5

    -0.85%

  • RELX

    -0.5400

    35.34

    -1.53%

  • AZN

    -3.3900

    166.27

    -2.04%

  • BTI

    0.9700

    57.44

    +1.69%

  • NGG

    -0.6400

    80.53

    -0.79%

  • GSK

    -0.6400

    51.43

    -1.24%

  • RYCEF

    0.4200

    20.85

    +2.01%

  • BCE

    -0.1000

    23.49

    -0.43%

In first, China unveils specific emissions targets
In first, China unveils specific emissions targets / Photo: CHARLY TRIBALLEAU - AFP

In first, China unveils specific emissions targets

China on Wednesday issued its first ever absolute targets for cutting planet-warming gases, a landmark pledge from the world's top polluter as the United States doubles down on fossil fuels and Europe falters.

Text size:

The announcement was delivered via video by President Xi Jinping to a UN climate summit where some 120 nations will outline plans to curb global warming, which is intensifying disasters worldwide from floods in Pakistan to raging wildfires in Spain.

Under the new plan, China will reduce economy-wide emissions by 7–10 percent by 2035 relative to the year of the country's peak emissions, believed to be 2025.

Observers said that while the absolute figure may seem modest, China has a record of under-promising while over-delivering, driven by its green technology boom.

It comes as the United States under President Donald Trump, who called climate change a "con job" at the UN a day earlier, boosts fossil fuels both at home and abroad.

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

China, responsible for nearly 30 percent of global emissions, had previously pledged to peak its carbon output before 2030 and achieve carbon neutrality by 2060, without ever previously setting near-term numeric targets for total emissions reductions.

The new goal 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.

- Behind schedule -

"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.

"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 is similar to the path followed by the US and EU in the decade after their peak emissions but 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 after the United States departed the Paris agreement for a second time.

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.

But French President Emmanuel Macron used his turn at the podium to rebut Trump's broadside on climate change, telling fellow leaders the science is "clear enough."

- Catastrophe v hope -

The UN meanwhile 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," as he opened 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.

Y.Mori--JT