Report suggests new third collaboration reduction mechanism

Source: Internet
Author: User
Keywords China developing countries China developed countries
Tags change change will developed developed countries developing developing countries development economic
December 8 Morning News, "Economic development and Low-carbon Economic Research Report" was officially released today in Beijing.  The report proposes a new third collaborative reduction mechanism, the "inter-State Collaborative emission reduction Plan", to achieve a common win for both developed and developing countries. The report suggests that the developed countries have the primary responsibility for climate change so far, as suggested by the new third collaborative emissions reduction Mechanism report. But the containment of future climate change will be shared by both developed and developing countries. Fast-growing countries such as China have a rapidly rising emissions curve and must be actively involved in a very necessary transition to a low-carbon economy.  While emissions reductions are needed in China, China cannot afford to take full responsibility for these cuts without the support of technology and funding. In this respect, the report recommended that the third collaborative reduction mechanism, the "inter-State Collaborative emission reduction Plan" to achieve a common win for both developed and developing countries, should include: (1) Transfer of technology required to reduce emissions, cancellation of any technical restrictions or blockades; (2) According to its external emission reduction needs of international capital allocation.  Commitment funds can be used in two areas, part of the establishment of an international fund to reduce the international strategic, experimental projects, and the main part of ICP.  For developing countries participating in ICP, can be committed to enter the "threshold access", once the domestic emissions to meet the "threshold" standard, that is, to join the limited emission reduction agreement; If a country has access to adequate international technology transfer and international capital allocation, then the country should reduce the "threshold" according to the degree of relative reduction. "As with CDM, the emissions from developed countries through technology transfer and their own configuration will be counted as" external emission reductions "in developed countries. This would help the developed countries reduce the cost of reducing emissions and effectively facilitate the transfer of technology and the allocation of funds by developed countries to developing countries.  "The author of the report, fan, director of the National Economic Research Institute. Fan told Sina Finance and economics, the current international cooperation in reducing emissions is lack of national level of international collaborative emission reduction system, there is no funds between countries to support the transfer of the technology System program. In addition, the developed countries provided too little financial and technical support to developing countries.  In the CDM, the annual transfer amount is only 80 million U.S. dollars, and the current accumulation of multinational funds is only 1 billion U.S. dollars. Low-carbon transition will create opportunities for China to improve energy security as the report's foreign collaborators, the executive director of the Stockholm Institute, Johanrockstrom said the current low carbon price could not provide enough incentives for low-carbon transition and suggested phasing out subsidies for fossil fuels.  In addition, the introduction of carbon tax or cap-and-trade system to price, help to achieve clean technology objectives. The report also makes recommendations for future emission reductions in China, "China should continue to carry out" no regrets "emission reduction, including improving energy efficiency and regulatory measures, such as promoting environmental protection laws and improving relevant standards, speeding up the adjustment of energy structure and reducing the proportion of fossil energy; implementation of promoting Low-carbonInstitutional and policy incentives for economic development, such as carbon trading, energy tax/carbon tax, and fiscal policy; increase government support for new energy and energy-saving technologies, such as increasing government investment and actively participating in international energy conservation and emission reduction cooperation. "Over the next 40 years, China can achieve its development and economic growth goals while achieving the global warming of less than 2-degree targets required to reduce emissions." China has great potential to cut emissions in the construction, industrial, transportation and power sectors. China will benefit from early cuts, but immediate action is key to ensuring global warming is below 2 degrees.  "Johanrockstrom said. The report's backers, Sweden's ambassador to China, Michaellindstrom told Sina Finance that a low-carbon transition would create opportunities for improved energy security and an appreciation of the industrial chain in the division of International products and services. Low-carbon China will be a country marked by a larger service industry, more advanced worker skills and less environmental degradation. In this transition, new green jobs will emerge to support the overall shift to a low-carbon economy. (Snow Ting, from Beijing)
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