China highlights actions to tackle climate change
CO2 concentrations are now 51% higher than pre-industrial levels, while methane - another potent greenhouse gas - is 165% higher than in 1750, WMO said. PHOTO: PIXABAY
China's experiences and resources in climate change finance and investment were shared with 21 officials and professionals from 13 countries including Pakistan, Indonesia, Brazil, Laos, Cambodia and Honduras at the Belt and Road Capacity-building Seminar on Financing Mechanisms and Carbon Finance, China Economic Net (CEN) reported on Saturday.
"In accordance with the United Nations Framework Convention on Climate Change and Paris Agreement, developed countries should provide financial, technical and other support to developing countries to help them address climate change," said Chen Zhihua, Deputy Director of the National Centre for Climate Change Strategy and International Cooperation.
"However, developed countries have not delivered on their commitments of providing $100 billion annually in climate finance for developing countries," he said, adding that against this background, holding a seminar, with climate finance theme, is of great significance, representing the concrete action by China for South-South cooperation in tackling climate change.