Climate envoys of China and the United States are sitting down in Tianjin for their second face-to-face discussion on mutual actions to address climate change.
US climate envoy John Kerry was the first senior member of the Biden administration visiting China in April. This Tianjin talk with his Chinese counterpart Xie Zhenhua is the second one in five months, signaling the gravity of climate change issue in both governments’ national strategies. Experts agree prospects for cooperation for a low carbon future are promising despite overall China-US relations being at a low ebb.
“For the current situation, both China and the United States have shown strong willingness for cooperation and they are able to reach a consensus and manage differences,” Xu Qinhua, Vice Dean of the National Academy of Development and Strategy of Renmin University of China, told the People’s Daily.
The world is anticipating solid progress in the carbon-reducing collaboration between China and the US, both top emitters and world leaders in cutting-edge renewable technologies and green finance. “The synergy of the two countries will provide more momentum to the global fight against climate change,” said Xu.
The vast number of developing countries in particular need joint commitments from the world’s largest economies to achieve a green transition.
“Shortages in funds, technology and personnel are the main hurdles standing in the way of developing countries’ green transition,” said Xu. “Developing countries are facing a complex mission of reducing carbon emissions while sustaining substantial economic growth, and funding will be a striking challenge.”
Xu suggested China and the US could play a bigger role in green financing for developing countries.