China issues report on efforts to curb climate change

World Today

China is currently working to follow through with its promises to reduce carbon emissions. CCTV America’s Su Yuting reported this story from Beijing.

China issues report on efforts to curb climate change

China is currently working to follow through with its promises to reduce carbon emissions. CCTV America’s Su Yuting reported this story from Beijing.

As the world’s largest carbon dioxide emitter, any changes to China’s environmental policy will be closely watched.

Xie Zhenhua, deputy director of China’s National Development and Reform Commission, said in October that the commission issued a national plan on climate change from 2014-2020.

Xie highlighted the recent China-US joint statement on climate change, where both countries declared goals for post-2020 action on climate change. He also said China has made great efforts to promote “South-South” cooperation on climate change. Since 2011, China has allocated 270 million yuan, or $43.9 million, to help developing countries to enhance their climate change response, and identified collaborative projects in reducing carbon, environmental protection, and clean energy, he added.

Xie also said that 13.75 million tons of carbon dioxide will be traded in seven Chinese provinces and cities by the end of October 2014 for a total trading value of 500 million yuan, or $81.5 million.