Tripling global renewable energy capacity by 2030: the G20 countries’ initiative is embraced by China, which emphasizes the fundamental connection between energy transition and country-specific conditions.
The specificity of different territorial realities was reiterated by Xie Zhenhua, China’s special envoy for climate change, during the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP28, held in Dubai from Nov. 30 to Dec. 12.
According to Xie, it is crucial to address climate change by replacing fossil fuels with clean and efficient renewable energy, but this path should not be imagined without obstacles and difficulties.
Each country faces this process with different conditions, resources, and structures. Indeed, managing the links between energy, climate action, and food and economic security is far from trivial.
Therefore, there is a need for greater international cooperation, expressed in mutual support, to find the most appropriate solutions for each reality.
The landscape outlined by COP28 is complex and multifaceted. A panorama in which China identifies itself as a strategic interlocutor in the process of mediating and finding solutions for the sustainable growth, not only in a green perspective, of each national reality.
China also reaffirmed its contribution to the energy transition and the development of renewable energy on a global scale. A contribution that has promoted a sharp decrease in the cost of wind energy production (-80%) and solar photovoltaic energy (about -90%).
China’s climate spokesman, pledging the national commitment to the replacement of fossil fuels with renewable energy, reported a prestigious figure from the country. As of the end of June 2023, China’s renewable energy capacity exceeded 1.3 billion kilowatts, surpassing that of coal-fired power for the first time. A historic achievement that testifies to the country’s commitment to a greener world.