China has officially launched its first energy law on January 1, 2025, marking a pivotal moment in the nation's journey towards energy security and a sustainable, low-carbon future. This groundbreaking legislation is set to accelerate China's green transition, aligning seamlessly with the ambitious outcomes of COP29, the 2024 United Nations Climate Change Conference.
At COP29, climate finance pledges to developing nations tripled, and critical carbon market mechanisms saw significant advancements. China's new energy law is a key player in this global shift, ensuring that the country not only meets its own sustainability goals but also contributes meaningfully to international climate efforts.
In the latest episode of BizTalk, CGTN's Michael Wang engages in insightful conversations with Siddharth Chatterjee, the UN's resident coordinator in China, and Daisy Shen, head of Environmental, Social and Governance (ESG) at KPMG China. They delve into how China's green initiatives are influencing the future of climate finance, enhancing ESG practices, and fostering robust international cooperation.
As the world moves towards a greener future, China's proactive measures and strategic policies are setting the stage for significant environmental advancements and collaborative efforts to combat climate change. 🌱🌍✨
