The economic relationship between China and the EU is one of the largest in the world, providing unparalleled potential for driving innovation and cost-reduction in climate-friendly goods and services. Renewed engagement on resources, energy and climate security at the EU-China level could act as a driving force for global sustainable development.
Both China and the EU have put energy and resource efficiency and low carbon energy supplies at the heart of their strategic plans. A range of sectoral or city-level initiatives have been launched to provide lessons learnt or best practice guidelines. Yet competitiveness concerns and competing development priorities stand in the way of a more ambitious EU-China partnership. Meanwhile, the global resource landscape has undergone major changes, with significant supply and political implications for China and the EU.
With deepening interdependencies around energy supply and clean tech investment markets, it is critical to reinvigorate this bilateral relationship based on the new strategic realities. Through regular exchanges with experts and policy-makers in China and the EU, Chatham House works to develop practical approaches to enhancing cooperation on climate and resource security.