China Direct

Date for Diaries: Asia's Net-Zero Opportunity - Asia Society Event 17.03.22 2000 (BJ)

The window of opportunity to prevent the most catastrophic effects of climate change is quickly closing. According to the latest science from the UN's Intergovernmental Panel on Climate Change, we must peak global emissions by 2025 and reduce them to net zero by the middle of the century.

Yet the transition to net zero is also a massive opportunity for Asia, which currently accounts for over half of global emissions. Strong climate action in line with the Paris Agreement's 1.5-degree temperature limit would add $47 trillion dollars in gains to the Asia-Pacific economy by 2070.

Asia Society Policy Institute and its President Kevin Rudd are spearheading a high-level policy commission on Getting Asia to Net Zero. The Commission’s diverse set of recognized Asian leaders will provide recommendations on how Asia and key countries can realize net zero emissions, including how climate action can boost the region’s economy, trade, interconnectedness, and livelihoods. 

This event will explore Asia's net zero opportunity and also serve as the virtual launch of the Commission. It will feature keynote remarks by former UN Secretary General Ban Ki-moon, who is one of the commissioners, followed by a panel discussion moderated by Kevin Rudd and featuring a selection of other commission members.

To join this event (to be livestreamed via YouTube) and to confirm the timings in your time-zone please click here.

 

 

China Dialogue - Environmental News Digest 11-15 April 22

For reports, interviews and insights into a country shaping the world please review China Dialogue directly here.

Download News digest China Dialogue 11-15 April 2022

With grateful thanks to the team at China Dialogue for so very kindly sharing this content.

Collaborative UK Net Zero Strategies for Indonesia

 

Report: Connected Places Catapult (CPC) Net Zero Framework for Indonesian Provinces

CPC led this report/webinar on 29 March 2022 following its collaboration with the British Embassy in Indonesia and the UK-Indonesia Consortium for Interdisciplinary Sciences (UKICIS) network under the UK government-funded project in five provinces: DKI Jakarta, West Java, Central Java, East Java, and Bali. UKABC were pleased to moderate the webinar and deliver the audience and some of its speakers.  

The collaboration aims to produce a framework that could identify emissions reduction progress made to date and potential challenges in these regions, as well as opportunities for UK and Indonesian innovative solution providers to address them to help meet greenhouse gas emission reduction targets.

The recommendations of the report lay include future collaboration between the UK and Indonesia to improve regional Net Zero performance while supporting the wider socio-economic goals of the country.

Download CPC-Pathways-and-Partnerships-to-Accelerated-Emissions-Reduction-in-Indonesian-Provinces-March-2022

 

Dates for Diaries: The Net Zero Transition - what it could bring & cost Webinar 26.01.22

Dear CBI Members and Partners,

Pleas find a link to an Asia House event looking into the opportunities and costs of a net zero transition as seen from the perspectives of leading experts based in Asia Pacific and the UK.

The Net Zero Transition

With our sincere thanks to Asia House for kindly sharing this webinar information

How will China control its methane?

The US–China joint declaration announced at COP26 has given political impetus to controlling methane by 2030.

The focus will be on monitoring and calculating emissions, and on policy measures.

How will China control its methane?

Our thanks to Chinadialogue for kindly sharing this article.

China Dialogue - China's climate goals withstand heat - 2021 A Year in Review

For reports, interviews and insights into a country shaping the world please review China Dialogue directly here.

Full Link can be found at A year in review - China's climate goals withstand heat

With grateful thanks to the team at China Dialogue for so very kindly sharing their year in review.

China’s Decarbonisation: Assessing UK-China Opportunities

A new report by Asia House explores four key areas where the UK and China can cooperate on decarbonisation.

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EXECUTIVE SUMMARY

Global climate change risks are growing and will increasingly feed into broader financial stability risks across economies. This report presents four key recommendations for UK-China coordination on decarbonisation, in order to help mitigate against climate impacts.

The two countries should elevate their cooperation on greater use of green finance, including by the further de-risking of  green projects through blended finance. This includes new green financing tools and products with a focus on scalable solutions across asset classes.

The two countries’ financial systems’ depth (in the case of the UK) and liberalisation (in China’s case) ideally situates them. Additionally, linking emissions trading systems (ETS) would accelerate cooperation between jurisdictions and the growth of international carbon markets. Improvement of price discovery mechanisms is key.

The outlook comprises a myriad of risks. These include a continued lack of investable projects to facilitate reduction in CO2 emissions, waning political will and resources at a time when emerging and developing countries,  which are most vulnerable to climate change, are coping with economic scarring from COVID-19.

Key takeaways

• Global climate change risks are becoming increasingly multifaceted. Climate risks now feed into broader financial stability risks across economies.
• This report presents four key recommendations for UK-China coordination on decarbonisation. Both countries should elevate cooperation on expanding the use of green finance.
• The UK’s tackling of the climate crisis, and bolstering of green finance, is supported by the Chancellor’s announcement that the government plans to situate the UK as the world’s first net zero aligned financial centre.
• Risk-sharing facilities and use of blended finance to de-risk green projects are key. This includes new green financing tools and products.
• Both countries can share expertise and build capacity in third countries to identify and develop sustainable projects.
• Increased financing for environmental innovation within existing initiatives (such as the £200 million Newton Fund) is important, particularly for research at the intersection of environmental technology, energy and urbanisation.
• When it comes to green finance, the UK and China can drive a global green innovation agenda. Forums such as the Clean Energy Ministerial can be instrumental in achieving this.
• The global uptake of shared priority technologies, such as in hydrogen power, need greater global support: global demand for hydrogen needs to more than double from its existing level by 2030 if the world is to attain climate goals.
• The outlook comprises a myriad of risks. These include a shortfall in blended finance to yield investable projects and a lack of political will amid COVID-19 economic scarring.

Our sincere thanks to Asia House for kindly sharing this information.

Please download the full Report here

Dates for Diaries: China Week 25-29 Oct 2021

Dear CBI Members and Partners,

Please find details of CBI member Kings College London Lau China Institute's China week - a week-long series of environmental discussions, online and in-person sessions with leading scholars, experts and policymakers.

To join any of the events listed please click on the eventbrite links contained within the China Week Programme below.

For any further questions or partner requests please contact: [email protected]

Download LCI CHINA WEEK PROGRAMME

Our thanks to Kings College London and the Lau China Institute for kindly sharing this information.

 

Date for Diaries: Cambodia Climate Change Summit 28.09.21

Dear CBI Members and Partners,

Please find details of a day-long Climate Change Summit to be held with the Cambodian Ministry of the Environment and the British Embassy in Phnom Penh next week on 28.09.21.

The one-day Cambodia Climate Change Summit 2021 (CCCS21) by the Ministry of Environment (MOE), will bring together experts, practitioners, civil society and business to showcase Cambodia’s efforts toward sustainability and mitigating the impacts of climate change. CCCS21 will provide policymakers, leaders in environmental solutions and industry partners with a state of the art overview of current strategies and practices for tackling the impacts of climate change in Cambodia and the Mekong Region as well as laying out a vision for innovative solutions to some of the most pressing environmental issues in the Kingdom and beyond.

CCCS21 will be organized along four main themes corresponding with four approaches to addressing the impacts of climate change in the Kingdom of Wonder. The overall theme of the conference is Collaboration; public sector, private sector and civil society working in concert to develop innovative strategies for dealing with climate change. This includes encouraging national commitments to working within the Paris Agreement framework and developing strategies with industry and civil society partners to rapidly move towards a carbon-neutral future.

Within the themes of Collaboration, Mitigation & Adaptation, Green Financing options will be explored as avenues in which all sectors can unite to effect positive change and ensure future flourishing. CCCS21 provides opportunities for Sponsorship Partners to highlight their impact in these key areas:

Mitigation: The road to green recovery - accelerating a low-carbon transition in Cambodia as well as green infrastructure and business opportunities in a net-zero economy.

Adaptation: Community and natural habitat protection, Nature-Based Solutions (NBS), showcasing solutions and sharing best practices in addition to business initiatives for strengthening a green economy.

Finance: Green investment opportunities in Cambodia, ensuring access to finance for all and unlocking private finance.

We are expecting 200-400 online local & international attendees for a hybrid in-person/remote event. Speakers from the Royal Government of Cambodia, foreign donors, local and international businesses, local and international NGOs and other experts will present cutting-edge solutions and showcase strategies for the future. Local and international press will be in attendance.

China Dialogue - Environmental News Digest 13-17 Sept 2021

 

 

Please review the latest environmental news digest from China Dialogue below.

Download News digest China Dialogue 13-20 Sept 2021

For more reports, interviews and insights into a country shaping the world please review China Dialogue directly here.

With grateful thanks to the team at China Dialogue for so very kindly sharing.