IPCC AR5 reports states that climate change is real and happening everywhere. It’s everyone’s business to understand the implications, and take actions. Greenovation Hub, as a Chinese local NGO, would like to offer two infographics that summarizes the implications for energy and for investors for the stakeholders in China.
2014’s third UNFCCC intercessional negotiation meeting ended this Sunday in Bonn, Germany. This six-day negotiation focused on ADP in Germany. This intercessional negotiation was an additional one apart from regular two negotiations every year to push forward the process for a new climate deal to be decided at the COP 21 in Paris next year.
2013 was a landmark for China’s outbound FDI, and for the first time it exceeded US$100 billion. Just 10 years ago in 2003, outbound investment was only US$2.85 billion. The total for 2013 represents an increase of almost 3,800% in just 10 years.
In 2014, China relaxed regulations for the management of outbound investment. China’s outbound investment is likely to continue to rise, and even increase, over the coming years.
Local time 23rd, over 120 heads of government worldwide gathered in UN Headquarters, New York for UN Climate Summit 2014. This summit was convened by UN Secretary General Ban Ki-moon in order to pave the way for a new climate deal to be decided at the COP 21 in Paris in 2015. This is the first high-level summit after COP15 Copenhagen. G:HUB’s researchers followed the negotiations on the ground and provided reviews and analyses of the relevant issues.
INDC has been the focus of UNFCCC climate negotiation. Greenovation Hub (G:HUB) welcomes the announcement of Zhang Gaoli, Chinese Vice Premier of the State Council, that China will submit post-2020 climate action plan as soon as possible. GHUB expects China to add coal consumption peak and peak year in the INDC as a short-term emission reduction goal. Meanwhile, GHUB expects China’s INDC should include ambitious long-term goal and set a fair, transparent, and robust review mechanism.
After two weeks of negotiation, 2014’s second UNFCCC intercessional negotiation meeting ended this Sunday in Bonn. This meeting included three tracks—SBI,SBSTA and ADP, as well as two tepid ministerial meetings.