Excessive-level Council Charts China’s Path to Inclusive, Low-carbon Financial system | Information | SDG Data Hub | IISD

Excessive-level Council Charts China’s Path to Inclusive, Low-carbon Financial system | Information | SDG Data Hub | IISD

The China Council for Worldwide Cooperation on Setting and Growth (CCICED) convened its Annual Normal Assembly (AGM) on the theme, ‘Constructing an Inclusive, Inexperienced and Low-carbon Financial system.’ The assembly introduced collectively main sustainability specialists from world wide to formulate suggestions for China’s atmosphere and improvement insurance policies and its contributions to world environmental governance processes.
CCICED’s 2022 AGM was held in Beijing, China, and on-line, from 13-16 June 2022. It marked the thirtieth anniversary of the institution of the Council. The AGM convened in plenary, and included a closed-door Govt Assembly. On 15 June, the CCICED Chief Advisors chaired a web based occasion the place CCICED launched a number of coverage and scoping research and a examine on gender mainstreaming.
The AGM additionally featured on-line open boards on: inexperienced digital transformation for sustainability; inexperienced provide chains; linking river basin administration with pure resilience; ocean governance; constructing a inexperienced Belt and Street Initiative (BRI) to spice up world inexperienced and low-carbon transition; nature-based options and eco-benefits evaluation; and synergizing financial development, power safety, and local weather motion for regular development. The outcomes of every of the open boards have been reported again to the AGM.
Assembly in plenary, audio system acknowledged CCICED for its 30 years of efforts directed at looking for to “allow the worldwide group to grasp China, and assist China’s engagement on the earth.” They acknowledged the Council’s position as “the distinctive mechanism that gives a direct channel to Chinese language management and choice makers,” and famous that since its inception, greater than 1,000 Chinese language and international specialists have contributed to over 100 analysis tasks, which have yielded over 300 coverage suggestions.
Huang Runqiu, CCICED Govt Vice Chair and Minister of Ecology and Setting, China, acknowledged CCICED as a multilateral platform on atmosphere and improvement, which has led to transformational change in China, worldwide change of experience, and mutual belief and friendship. He famous that CCICED is starting its seventh section, and known as for innovation to function the primary driving power to open up new pathways in assist of sustainable improvement.
Zhou Shengxian, former Minister of Environmental Safety, China, stated CCICED can present complete coverage suggestions to assist China’s journey into “a contemporary socialist society.”
Steven Guilbeault, CCICED Govt Vice Chair and Minister of Setting and Local weather Change, Canada, stated CCICED’s seventh section is important for tackling challenges associated to decarbonization, biodiversity loss, and the greening of provide chains.
Inger Andersen, CCICED Vice Chair and UN Setting Programme (UNEP) Govt Director, highlighted Chinese language management on: carbon peaking and neutrality; renewable power and power effectivity; the greening of the BRI; the round financial system; digitization; and monetary methods for funding in wholesome ecosystems.
Børge Brende, President of the World Financial Discussion board (WEF), stated the Council has established itself not solely as a champion of sustainable improvement however as a very important useful resource for forward-leaning coverage steerage.
Achim Steiner, Administrator, UN Growth Programme (UNDP), known as for introspection after the shocks the world has skilled from the COVID-19 pandemic and the battle in Ukraine. 
Kristin Halvorsen, Director, Heart for Worldwide Local weather Analysis (CICERO), urged robust implementation of local weather insurance policies whereas avoiding letting short-term options put long-term targets in danger.
Noting rising stress to make use of safety issues to dilute, delay, or discard local weather motion, Scott Vaughan, CCICED Worldwide Chief Advisor, underscored the essential significance of efficient implementation to attain tangible outcomes.
Liu Shijin, CCICED Chinese language Chief Advisor, famous consensus amongst AGM contributors on the necessity to stability development and safety with long-term sustainable improvement and on the significance of prioritizing inexperienced investments. He harassed the necessity to: stabilize present power manufacturing whereas growing new put in capability; disaggregate nationwide targets for various cities and areas; and lay a strong basis for future improvement by guaranteeing digital and inexperienced transitions are promoted on the identical time.
Concluding the AGM, Han Zheng, Vice Premier of China and CCICED Chair, stated China should stability a clear power transition with safe power provide by constructing new renewable power capability earlier than eliminating coal energy manufacturing, underscoring the necessity to double renewable power manufacturing in 5 years. He thanked the Council for its three many years of assist for China’s sustainable improvement, and stated the AGM discussions “had impressed him to hope for a inexperienced and exquisite world.”
CCICED is a high-level worldwide advisory physique comprising members and specialists from authorities, companies, worldwide organizations, analysis establishments, and social organizations from China and overseas. CCICED carries out complete, cross-sectoral, and multidisciplinary analysis that integrates environmental, financial, and social issues and attracts on superior worldwide ideas, insurance policies, applied sciences, and finest practices, with the goal of advancing ecological civilization and sustainable improvement. [Earth Negotiation Bulletin Coverage of CCICED 2022 AGM] [CCICED Website] [SDG Knowledge Hub Story on CCICED 2021 AGM]

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