LONDON/BEIJING: (HRNW) China’s President Xi Jinping on Saturday targeted a steeper cut in rates of carbon emissions relative to economic activity by 2030 and set new goals for growth in renewable energy and forest stock, as the country looks to reach the peak of its emissions before the end of the decade.
“Today, I wish to announce some further commitments for 2030,” told Xi a one-day virtual U.N. summit on climate change via video before announcing the targets.
“China always honours its commitments.”
China, the world’s biggest greenhouse gas emitter, will cut its carbon dioxide emissions per unit of gross domestic product, or carbon intensity, by more than 65% from 2005 levels by 2030, said Xi.
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