Original article written by: Ivy Yin
When asked to comment on the most recent report by the UN Environment Program (UNEP), which was released earlier in November, Wang said, "Developed countries should take the lead to significantly increase their emission reduction efforts, to realize net-zero emissions much earlier than 2050, and to free up space for emissions so that developing countries can achieve their sustainable development goals."
As a conscientious and significant developing nation, China actively participates in international climate governance. It will accomplish the largest decrease in carbon emission intensity globally and has already surpassed the 2020 climate action goals ahead of time. We will also use the quickest time [30 years] in the history of the world to go from carbon peaking to carbon neutral," he stated.
China's additions to coal-fired generation capacity nearly quadrupled year over year to reach 9 GW in the third quarter, as reported in the China Power Market Briefing by S&P Global Commodity Insights on November 22. However, China also added 2.5 GW of hydropower, 10.5 GW of wind, and 24.3 GW of solar power at the same period.