High emission scenarios pose a serious risk to China’s economic development and accelerated decarbonization is not only critical for China to achieve its 2060 target but also a key to ensuring a stable climate globally.
Chatham House, in partnership with the UK Foreign and Commonwealth Development Office (FCDO) and the British Embassy Beijing, is leading a consortium of UK and China-based organizations on a programme that supports sustainable and inclusive economic growth by ensuring that the worst economic, social and environmental risks of climate change are avoided.
Based on a rigorous analysis of the historical trends of the costs of energy technologies, Oxford University has devised a new, simple and transparent model which finds that a decisive green transition – in which current growth rates for renewables continue over the next decade – can bring the world close to the ambition of the Paris Agreement to keep global warming to well below 2 °C. This event presents the findings of the research and discusses its implications for mitigation targets.
This event is being hosted as a part of Strengthening Climate Diplomacy, a series of events from Chatham House during London Climate Action Week 2021.