In a video message at a UN summit, Xi Jinping announced that China will reduce net greenhouse gas emissions by 7-10% by 2035, compared to the peak level in 2023. This target, considered timid by experts, marks a political opening of Beijing towards climate multilateralism. Xi emphasized the importance of the transition to renewable energy, in contrast to Donald Trump's position, who is skeptical about climate change. Although the announcement was well received, China is expected to accelerate the decarbonization of its economy.
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