Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
China and the US have signed a joint declaration on enhancing climate action over the next decade in a bid to achieve the goals set in the 2015 Paris Agreement.
The announcement was made at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland which runs from 31 October to 12 November.
“The United States and China welcome the significant efforts being made around the world to address the climate crisis,” the joint declaration said.
“They nevertheless recognize that there remains a significant gap between such efforts, including their aggregate effect, and those that need to be taken to achieve the goals of the Paris Agreement,” it said.
World leaders in 2015 pledged under the Paris Agreement to try to keep the world from warming by more than between 1.5-2.0 degrees centigrade (°C) via emissions cuts.
Under their joint declaration, the world’s two biggest economies intend to cooperate on the following:
• regulatory frameworks and environmental standards related to reducing emissions of greenhouse gases in the 2020s;
• maximising the societal benefits of the clean energy transition;
• policies to encourage decarbonisation and electrification of end-use sectors;
• key areas related to the circular economy, such as green design and renewable resource utilization; and
• deployment and application of technology such as carbon capture, utilisation and storage as well as direct air capture.
