4) Commitments using business objectives as usual (BAU) and partially conditional with more than 50 percent of their own resources. These commitments are based on emission reductions below an expected level of future emissions in 2030 if no measures or measures are implemented. As a result, these commitments correspond, in most years, to an increase in emissions relative to the most recent emission levels reported by individual countries. The announcement is one of the main signs of countries making progress in mitigating climate change since the approval of the Paris Agreement in 2015. Further clarification on the specific commitment will be needed and it is likely that even more ambition will be needed in the future. Here are four important questions and answers about this important development. „We are working to conclude negotiations on the remaining issues as part of the implementation of the Paris Agreement. We will also call on developed countries to close the gap and meet their commitments to climate finance and emissions reduction,“ said Zhao Yingmin, Deputy Minister of the Ministry of Ecology and Environment. „China will increase its planned national contributions [as part of the Paris climate agreement] through stronger measures and measures,“ the Chinese president said, calling for a „green recovery“ of the coronavirus pandemic. At the time, „historic, sustainable and ambitious,“ the parties began signing the agreement en masse and promised to meet their commitments to reduce greenhouse gas emissions. But since the U.S.
decided to step down, it has turned out that other nations are being left behind when it comes to keeping their promises to fight climate change. But there are others who have kept their word, and China is among them. At the UNITED Nations Climate Change Summit last September, China chaired the Natural Solutions Initiative with New Zealand and promised a world where man and nature could live in harmony. As Special Representative to President Xi Jinping, Chinese Foreign Minister Wang Yi reaffirmed China`s commitment to combating climate change in his speech. „China will seriously fulfill its obligations under the United Nations Framework Convention on Climate Change and the Paris Agreement and will meet the goal of voluntary contributions as planned,“ the foreign minister said. The country`s commitment and efforts have progressed. Co2 emissions per unit of GDP in the country fell by almost 46% in 2018 compared to 2005 levels. This has already exceeded the 40-45% target set for 2020. The share of non-fossil fuels in primary energy consumption rose to 14.3 per cent, almost reaching the 15% target. China has made the greatest contribution to global greening and forest resource growth. In 2017, more than seven million hectares of new forests were planted. Forest area has reached almost 23 per cent and forest volume has increased by 45 billion cubic metres compared to 2005.
Under the Paris Agreement, developed countries are expected to generate $100 billion in climate finance to help developing countries fight global warming. But the reality is that there is a big gap between words and deeds. In 2017, the Trump administration announced its intention to withdraw from the Paris agreement.