President Obama and President Xi have committed to step up their co-operation on phasing down HFCs as part of their agreement on climate change targets announced today in China
President Obama and President Xi have announced climate change targets which will see the two countries make significant carbon reduction commitments, including China’s first public statement of a date for ‘peak’ emissions.
The two presidents committed to ‘enhance bilateral cooperation’ to begin phasing-down of HFCs and to work together in a multilateral context as agreed at their meeting in St. Petersburg on 6 September 2013;
The United States intends to achieve an economy-wide target of reducing its emissions by 26 per cent to 28 per cent below its 2005 level in 2025 and to make best efforts to reduce its emissions by 28 per cent.
China intends to achieve the peaking of CO2 emissions around 2030 and to make best efforts to peak early and intends to increase the share of non-fossil fuels in primary energy consumption to around 20 per cent by 2030. Both sides intend to continue to work to increase ambition over time.
In a joint statement, the US State Department said: “The United States of America and the People’s Republic of China have a critical role to play in combating global climate change, one of the greatest threats facing humanity.
The seriousness of the challenge calls upon the two sides to work constructively together for the common good.”
“The United States and China hope that by announcing these targets now, they can inject momentum into the global climate negotiations and inspire other countries to join in coming forward with ambitious actions as soon as possible, preferably by the first quarter of 2015.
The two Presidents resolved to work closely together over the next year to address major impediments to reaching a successful global climate agreement in Paris.”
To this end they reaffirmed the importance of working together to achieve a strong climate change commitment with the other global nations at the United Nations Climate Conference in Paris in 2015.
The State Department said: “They are committed to reaching an ambitious 2015 agreement that reflects the principle of common but differentiated responsibilities and respective capabilities, in light of different national circumstances.”
“At the same time, economic evidence makes increasingly clear that smart action on climate change now can drive innovation, strengthen economic growth and bring broad benefits – from sustainable development to increased energy security, improved public health and a better quality of life.
Tackling climate change will also strengthen national and international security.”
“Technological innovation is essential for reducing the cost of current mitigation technologies, leading to the invention and dissemination of new zero and low-carbon technologies and enhancing the capacity of countries to reduce their emissions.
The United States and China are two of the world’s largest investors in clean energy and already have a robust program of energy technology cooperation.”
Among other commitments, the two countries have agreed to expand joint clean energy research and development; to launch a climate-smart/low-carbon cities initiative, where leading cities from both countries will share best practices, set new goals and celebrate city-level leadership in reducing carbon emissions and building resilience; to promote trade in green goods, encouraging bilateral trade in sustainable environmental goods and clean energy technologies; and demonstrating clean energy on the ground:, via additional pilot programmes, feasibility studies and other collaborative projects in the areas of building efficiency, boiler efficiency, solar energy and smart grids.