Why is a decisive green transition good for China and for the world?
High emission scenarios pose a serious risk to China’s economic development and accelerated decarbonization is not only critical for China to achieve its 2060 target but also a key to ensuring a stable climate globally.
Chatham House, in partnership with the UK Foreign and Commonwealth Development Office (FCDO) and the British Embassy Beijing, is leading a consortium of UK and China-based organizations on a programme that supports sustainable and inclusive economic growth by ensuring that the worst economic, social and environmental risks of climate change are avoided.
Based on a rigorous analysis of the historical trends of the costs of energy technologies, Oxford University has devised a new, simple and transparent model which finds that a decisive green transition – in which current growth rates for renewables continue over the next decade – can bring the world close to the ambition of the Paris Agreement to keep global warming to well below 2 °C. This event presents the findings of the research and discusses its implications for mitigation targets.
This event is being hosted as a part of Strengthening Climate Diplomacy, a series of events from Chatham House during London Climate Action Week 2021.
Participants
Professor Zhou Dadi, Member, China Expert Committee on Climate Change
Dr Matthew Ives, Senior Researcher, Oxford Martin Post-Carbon Transition Programme
Dr Feng Aiqing, Associate Researcher, Department of Meteorological Disaster Risk Management, National Climate Centre
Professor Teng Fei, Tsinghua University
Professor Zheng Yan, Researcher, Institute of Ecological Civilization, Chinese Academy of Social Science
Professor Cai Wenjia, Associate Professor, Department of Earth System Science, Tsinghua University
Professor Zhang Jihong, Deputy Director, Climate Change and Energy Economics Study Centre, Wuhan University
Professor Liu Qiyong, Researcher, Institute for the Prevention and Control of Infectious Diseases, Chinese Centre for Disease Control and Prevention
Antony Froggatt, Deputy Director and Senior Research Fellow, Energy, Environment and Resources Programme, Chatham House
Chair: Professor Teng Fei, Deputy Director, Institute of Energy, Environment and Economics, Tsinghua University
