Paris has become a symbol of hope and commitment for the future, as more than 195 countries reached a historic agreement to protect the climate from the most dangerous impacts of climate change. As my colleague Jake Schmidt explains here, this ambitious agreement will include new climate commitments from all major countries and set in motion efforts to require deeper emissions reduction commitments from all countries over time.
What China has pledged: China has committed to peak its CO2 emissions by 2030 and to make best efforts to peak earlier. It will increase non-fossil energy to 20% of its energy consumption by 2030, which will require it to install 800 to 1,000 gigawatts in non-fossil capacity, equivalent to the entire current US generating capacity. China has shown leadership in putting a price on carbon by committing to build a national cap and trade system, which will launch in 2017 and become the world’s largest. It has also pledged 20 million RMB ($3.1 billion USD) to the South-South Climate Cooperation Fund to help developing countries address climate change. Other China climate commitments relate to carbon intensity, adaptation and forestry.
http://switchboard.nrdc.org/blogs/bfinamore/next_steps_for_china_on_paris_.html
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