23.9.2009

China´s practical steps in relation to climate change

In a speech held in the UN yesterday, President Hu of China affirmed that environmental targets will be enmeshed with economic targets. 

The Climate Group, an independent, not-for-profit organization which networks globally among government and business leaders to instigate direct action on climate change, has published a new report entitled  China’s Clean Revolution II: China’s opportunity for a low carbon future. According to the 20th of August 2009 dated press release, the report `is a synthesis of the latest information on China’s progress towards a low carbon economy and aims to keep a-pace with a rapidly evolving green agenda in China, as well as expanding to cover new industries including geothermal power.´

In the foreword of the report Tony Blair writes:

`We know that fully 70% of the emissions reductions we need by 

2020 can come from technologies that are already in use.  

We also know that using more renewable energy and more  

efficient buildings, vehicles and appliances is good for growth 

and jobs. China’s economic stimulus package recognizes this 

with close to 40% of the spending targeted at these sectors. 

The current 11th Five-Year Plan has ambitious goals for energy 

efficiency, renewable energy and forest protection...This report makes it clear that Chinese businesses are rising to the challenge, backed by government interventions and  incentives to invest´.

Download the report from:

www.theclimategroup.org/about/publications