China to send 'positive message' on climate

Biden’s climate duo of Kerry and Mc Carthy puts U.S. back in global warming fight		
			By Syndicated Content

Ahead of U.S. President Joe Biden's climate summit with world leaders next week, European officials and industry representatives called in an open letter for a trans-Atlantic alliance to tackle climate change and achieve a "just and sustainable transition" toward a low-carbon economy.

"We simply can not get to net-zero carbon emissions by 2050 unless the financial sector knows what impact their investments are having on the climate", Climate Change Minister James Shaw said in a statement.

Kerry is in China for meetings with his counterparts until Saturday - the first visit by an official from the new United States administration.

Chinese President Xi Jinping attended a video summit with French President Emmanuel Macron and German Chancellor Angela Merkel in Beijing on Friday.

Le didn't say whether Xi would join the summit, but said "the Chinese side is actively studying the matter".

The U.S. State Department, then under the Trump administration, said in September that China had showed "wilful disregard" for air, land and water quality, and was putting global health at risk with its greenhouse gases, drawing a sharp rebuke from Beijing.

A group of 10 US Senators have introduced a comprehensive worldwide climate change legislation that among other things seeks to reinvigorate bilateral cooperation with India in this sector, ahead of next week's Leaders' Summit on Climate being convened by the White House.

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Chinese President Xi Jinping announced previous year that China would be carbon-neutral by 2060 and aim to reach a peak in its emissions by 2030.

New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.

Much of the focus at Biden's virtual climate summit on April 22-23 will be on USA efforts to rope rivals Russian Federation and China into global efforts to cut greenhouse gas emissions.

"China is the largest coal consumer, it is still building coal-fired power plants, both domestically and along the Belt and Road region", he told AFP, referring to China's sprawling global infrastructure plan.

"The next few days will be critical for China and other major emitters to provide enhanced climate responsibility and leadership".

Transitioning from a carbon peak to carbon neutrality in three decades would be "a tough battle", Xi said.

While Beijing and Washington have clashed over Hong Kong and Xinjiang, the climate issue is seen as a shared interest which cuts through the rancour.

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