China Announces Carbon Neutral Targets for 2060


Xinhua News Agency reported on September 22nd that President Xi Jinping delivered a major speech during the seventy-fifth session of the UN General Assembly, pointing out that the Paris Agreement represents the direction of global low-carbon transformation and that countries must take decisive steps to protect our home, the Earth. Xi announced that China will increase its Intended Nationally Determined Contributions (INDC), adopt more forceful policies and measures, and strive to peak its carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

Xi said the epidemic has reminded us that humankind needs a self-revolution to accelerate the formation of a green development model and way of life, and build an ecological civilization and a beautiful planet. Humankind can no longer ignore the warnings of nature again and again, and continue down the old path of emphasizing only demand rather than input, development rather than protection, and utilization rather than restoration. Countries should foster a new vision of innovative, coordinated, green, open and shared development, seize the historic opportunity of the new era of scientific and technological revolution and industrial transformation, promote the "green recovery" of the world economy after the epidemic, and create synergies for sustainable development.