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    Home > Chemicals Industry > International Chemical > China achieved its 2020 carbon reduction target three years ahead of schedule

    China achieved its 2020 carbon reduction target three years ahead of schedule

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    China has achieved its 2020 carbon reduction target
    three years ahead of schedule.

    China achieved its 2020 carbon reduction target three years ahead of schedule

    By the end of 2017, China's gross domestic product emissions had fallen by 46% compared to 2005, meeting its commitment
    to reduce carbon emissions by 40%-45% by the end of the century.

    This is thanks to a carbon trading system launched in 2011 that covers power generation, steel production and cement manufacturing
    in seven provinces and cities.

    This development gave impetus
    to the Paris climate agreement.
    The Paris climate agreement aims to limit the rise in global average temperatures to below
    2°C.

    UN Climate Change Executive Secretary Patricia Espinosa welcomed the news on Twitter: "The good news from China is encouraging
    .
    The international community is seeking to accelerate the transition to low-carbon and raise ambition to meet the goals of the Paris Climate Agreement
    .

    China has achieved its 2020 carbon reduction target
    three years ahead of schedule.

    Carbon reduction

    China achieved its 2020 carbon reduction target three years ahead of schedule

    China achieved its 2020 carbon reduction target three years ahead of schedule

    By the end of 2017, China's gross domestic product emissions had fallen by 46% compared to 2005, meeting its commitment
    to reduce carbon emissions by 40%-45% by the end of the century.

    This is thanks to a carbon trading system launched in 2011 that covers power generation, steel production and cement manufacturing
    in seven provinces and cities.

    This development gave impetus
    to the Paris climate agreement.
    The Paris climate agreement aims to limit the rise in global average temperatures to below
    2°C.

    UN Climate Change Executive Secretary Patricia Espinosa welcomed the news on Twitter: "The good news from China is encouraging
    .
    The international community is seeking to accelerate the transition to low-carbon and raise ambition to meet the goals of the Paris Climate Agreement
    .

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