{"id":4705,"date":"2024-11-15T05:00:19","date_gmt":"2024-11-15T10:00:19","guid":{"rendered":"https:\/\/sdgnews.com\/?p=4705"},"modified":"2024-11-15T05:00:21","modified_gmt":"2024-11-15T10:00:21","slug":"no-xi-but-china-turns-out-large-delegation-for-cop29","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/es\/no-xi-but-china-turns-out-large-delegation-for-cop29\/","title":{"rendered":"No Xi, But China Turns Out Large Delegation for COP29"},"content":{"rendered":"\n<p><strong>Key Impact Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Climate Finance Shift<\/strong>: For the first time, China used UN language to describe its climate aid, citing $24.5 billion provided since 2016.<\/li>\n\n\n\n<li><strong>Call for Multilateralism<\/strong>: President Xi Jinping urged the global south to champion &#8220;true multilateralism&#8221; and an inclusive global economy.<\/li>\n\n\n\n<li><strong>Energy Transition Focus<\/strong>: China highlighted significant investments in energy transformation, with $676 billion spent and an 810m-ton CO2 reduction from clean energy exports.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-true-multilateralism-and-global-cooperation\">&#8216;True Multilateralism&#8217; and Global Cooperation<\/h3>\n\n\n\n<p>Although absent from COP29, President Xi Jinping delivered a powerful message through state media, emphasizing the need for the global south to foster true multilateralism and strive for a fair, multipolar world. Xi&#8217;s call was to push for &#8220;universally beneficial and inclusive economic globalisation.&#8221;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-china-s-enhanced-role-in-climate-finance\">China&#8217;s Enhanced Role in Climate Finance<\/h3>\n\n\n\n<p>Ding Xuexiang, representing Xi at COP29, used the term &#8220;climate finance&#8221; for the first time to describe China&#8217;s overseas contributions, which totaled over 177 billion yuan ($24.5 billion). Ding stressed that shifting growth models is vital for addressing climate change and underlined the importance of enhancing early-warning systems and climate adaptation.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Complete transformation of growth models is the fundamental solution to climate change,&#8221;<\/em> Ding said during a high-level segment.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-methane-and-global-climate-action\">Methane and Global Climate Action<\/h3>\n\n\n\n<p>At a US-China co-hosted methane summit, climate envoy Liu Zhenmin affirmed China&#8217;s commitment to bolstering global climate cooperation. Liu highlighted China&#8217;s $676 billion investment in energy transformation and significant contributions to global CO2 reduction.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Co-operation on global climate action will continue to be enhanced,&#8221;<\/em> Liu stated at the summit.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-energy-transition-pathways\">Energy Transition Pathways<\/h3>\n\n\n\n<p>China&#8217;s 2024 energy transition report, released by the Energy Research Institute under the NDRC, outlined strategic pathways for achieving the nation&#8217;s &#8220;dual-carbon&#8221; goals. Lyu Wenbin of ERI emphasized global cooperation and knowledge-sharing as essential components.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Our report has absorbed [energy transition] experiences from different places,&#8221;<\/em> said <strong>Bai Quan, director of the energy study centre<\/strong>. <em>&#8220;We would love to discuss more new ideas with everyone else in the world.&#8221;<\/em><\/p>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"2169\" class=\"elementor elementor-2169\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad85f5 e-flex e-con-boxed e-con e-parent\" data-id=\"1ad85f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4c36b5 elementor-widget elementor-widget-heading\" data-id=\"c4c36b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h5 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-family: joanna-nova, sans-serif;font-weight: 400;line-height: var( --e-global-typography-7044a64-line-height );font-size: var( --e-global-typography-7044a64-font-size );letter-spacing: normal;text-align: center\">Change the World - Subscribe Now<\/h5><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392f45d elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"392f45d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;50&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Newsletter Signup Footer\" aria-label=\"Newsletter Signup Footer\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"2169\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"392f45d\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"SDG News\" \/>\n\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Enter Email Address\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-50 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-xs\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Subscribe<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-financial-demands-and-cop29-negotiations\">Financial Demands and COP29 Negotiations<\/h3>\n\n\n\n<p>China, aligned with the G77, rejected the initial NCQG framework text and called for developed countries to meet a $1.3 trillion annual target for climate finance. This push reflects Beijing&#8217;s position on climate finance equity and developing nations&#8217; needs.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;China is very willing to cooperate\u2026to promote a low-carbon and sustainable future,&#8221;<\/em> affirmed <strong>Xia Yingxian, director of the climate department at MEE<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-us-china-climate-relations\">US-China Climate Relations<\/h3>\n\n\n\n<p>Despite entering COP29 without a new agreement akin to last year&#8217;s Sunnylands statement, Liu Zhenmin highlighted the importance of ongoing bilateral cooperation, particularly regarding methane reduction.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Strong channels at the subnational and non-government levels will become increasingly critical to make engagement [in methane and other areas] more robust,&#8221;<\/em> said <strong>Ryna Cui of the University of Maryland.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-conclusion-china-s-stand-and-future-outlook\">Conclusion: China&#8217;s Stand and Future Outlook<\/h3>\n\n\n\n<p>China&#8217;s actions at COP29, including promoting multilateralism and significant investments in clean energy, signal its ambition to position itself as a climate leader. However, its steadfast stance on finance negotiations and emphasis on shared responsibilities indicate that significant hurdles remain for future international climate finance agreements.<\/p>\n\n\n\n<p>Related Article: <a href=\"https:\/\/sdgnews.com\/chinas-green-leap-forward\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>China\u2019s Green Leap Forward<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Impact Points: &#8216;True Multilateralism&#8217; and Global Cooperation Although absent from COP29, President Xi Jinping delivered a powerful message through state media, emphasizing the need for the global south to foster true multilateralism and strive for a fair, multipolar world. Xi&#8217;s call was to push for &#8220;universally beneficial and inclusive economic globalisation.&#8221; China&#8217;s Enhanced Role [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64,46],"tags":[537,834,836,61,66,60,67,835],"class_list":["post-4705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-events","tag-china","tag-climate-finance-shift","tag-ding-xuexiang","tag-sdg-news","tag-sdgs","tag-sustainable-development-goals","tag-un-sdgs","tag-xi-jinping"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>No Xi, But China Turns Out Large Delegation for COP29 - 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