Berliner Boersenzeitung - Biggest emitter, record renewables: China's climate scorecard

EUR -
AED 4.239835
AFN 72.157279
ALL 95.998152
AMD 436.864052
ANG 2.066211
AOA 1058.658947
ARS 1611.065048
AUD 1.620803
AWG 2.080953
AZN 1.957073
BAM 1.954744
BBD 2.321846
BDT 141.943337
BGN 1.902177
BHD 0.435925
BIF 3442.770398
BMD 1.154481
BND 1.475616
BOB 8.001678
BRL 5.952967
BSD 1.158874
BTN 106.658394
BWP 15.536609
BYN 3.421052
BYR 22627.836822
BZD 2.323445
CAD 1.568784
CDF 2514.460879
CHF 0.902345
CLF 0.026237
CLP 1035.985029
CNY 7.926959
CNH 7.945967
COP 4276.857421
CRC 546.019286
CUC 1.154481
CUP 30.593759
CVE 110.205479
CZK 24.406885
DJF 206.358547
DKK 7.471885
DOP 70.313851
DZD 151.801585
EGP 59.880532
ERN 17.317222
ETB 179.454064
FJD 2.543548
FKP 0.86135
GBP 0.863298
GEL 3.134358
GGP 0.86135
GHS 12.556218
GIP 0.86135
GMD 84.852826
GNF 10159.688809
GTQ 8.885201
GYD 242.798866
HKD 9.034799
HNL 30.676096
HRK 7.537631
HTG 152.060507
HUF 389.691182
IDR 19523.436148
ILS 3.610121
IMP 0.86135
INR 106.607709
IQD 1517.889553
IRR 1525964.745609
ISK 144.806767
JEP 0.86135
JMD 181.522747
JOD 0.818539
JPY 183.614484
KES 149.216354
KGS 100.958906
KHR 4651.568295
KMF 491.80909
KPW 1039.071647
KRW 1709.983624
KWD 0.354356
KYD 0.965557
KZT 569.131134
LAK 24822.475867
LBP 103832.920374
LKR 360.240191
LRD 212.065465
LSL 18.974169
LTL 3.408884
LVL 0.698334
LYD 7.371019
MAD 10.84924
MDL 19.984207
MGA 4804.405166
MKD 61.672205
MMK 2424.434393
MNT 4121.664055
MOP 9.341282
MRU 46.27421
MUR 53.001711
MVR 17.837066
MWK 2009.414725
MXN 20.493027
MYR 4.537693
MZN 73.782663
NAD 18.974169
NGN 1615.777771
NIO 42.647705
NOK 11.161123
NPR 170.658263
NZD 1.956205
OMR 0.443907
PAB 1.158874
PEN 3.971655
PGK 4.993368
PHP 68.833682
PKR 323.811411
PLN 4.258143
PYG 7510.943378
QAR 4.225518
RON 5.090806
RSD 117.395725
RUB 91.46417
RWF 1693.385411
SAR 4.331472
SBD 9.288014
SCR 16.656048
SDG 693.843153
SEK 10.696935
SGD 1.473026
SHP 0.86616
SLE 28.401117
SLL 24208.898446
SOS 661.145782
SRD 43.262463
STD 23895.435551
STN 24.487093
SVC 10.138251
SYP 128.005833
SZL 18.972753
THB 36.832
TJS 11.107601
TMT 4.040685
TND 3.396166
TOP 2.779715
TRY 50.929142
TTD 7.862766
TWD 36.740193
TZS 3005.115324
UAH 51.087808
UGX 4281.687483
USD 1.154481
UYU 46.614824
UZS 14077.62863
VES 505.267174
VND 30331.691674
VUV 138.073817
WST 3.133752
XAF 655.602912
XAG 0.013548
XAU 0.000224
XCD 3.120044
XCG 2.08831
XDR 0.81536
XOF 655.602912
XPF 119.331742
YER 275.449437
ZAR 19.146873
ZMK 10391.7183
ZMW 22.539826
ZWL 371.742562
  • RBGPF

    0.1000

    82.5

    +0.12%

  • JRI

    0.2100

    12.85

    +1.63%

  • BCC

    -0.6400

    71.9

    -0.89%

  • CMSC

    -0.0100

    23.24

    -0.04%

  • CMSD

    0.0700

    23.15

    +0.3%

  • GSK

    -0.1700

    55.15

    -0.31%

  • RYCEF

    -0.3300

    17.35

    -1.9%

  • NGG

    -0.1600

    89.69

    -0.18%

  • BCE

    -0.5000

    25.89

    -1.93%

  • RIO

    0.4000

    92.08

    +0.43%

  • BTI

    -0.2500

    59.16

    -0.42%

  • RELX

    -0.4300

    34.76

    -1.24%

  • AZN

    -1.6800

    193.31

    -0.87%

  • BP

    1.6200

    41.56

    +3.9%

  • VOD

    -0.0600

    14.4

    -0.42%

Biggest emitter, record renewables: China's climate scorecard
Biggest emitter, record renewables: China's climate scorecard / Photo: STR - AFP

Biggest emitter, record renewables: China's climate scorecard

China is the world's biggest emitter of planet-warning greenhouse gases but is also installing more renewable energy sources and putting more electric vehicles on its roads than any other country.

Text size:

Ahead of the COP30 climate talks in Brazil, here is a look at China's climate commitments:

- Emissions -

China emits over 30 percent of global greenhouse gases -- an estimated 15.6 gigatons of carbon dioxide equivalent in 2024, according to the latest UN figures.

Both its total historical emissions and its emissions per capita are still below those of the United States, but are catching up fast.

Coal, a major source of pollution, accounted for nearly 60 percent of Chinese power generation last year, though massive installations of renewable energy are helping meet new electricity demand.

It is also a leader in the electric vehicle market, accounting for over 70 percent of global production. Almost half of new cars in China were electric battery-powered or plug-in hybrids in 2024, according to the International Energy Agency.

- Reduction targets -

In September, China announced its first numerical greenhouse gas reduction targets, pledging to slash emissions by 7-10 percent by 2035.

But it did not set a baseline year from which to measure those reductions and experts say China needs to cut emissions by closer to 30 percent from 2023 levels to keep global temperaturesfrom rising over 1.5C above pre-industrial levels.

There is hope however that China will "underpromise but overachieve" as it has with some previous targets, including on renewable energy.

Beijing had previously committed to a peak in emissions by 2030 and to achieve net-zero carbon status three decades later.

Some analysts believe emissions have already peaked or are close to doing so thanks to the rising use of renewables and nuclear power.

- Renewable goals –

China's official climate roadmap this week confirmed President Xi Jinping's September target announcements.

The plan was welcomed by UN climate chief Simon Stiell as "a significant moment in our collective climate effort."

It includes new targets for renewables, including increasing solar and wind power capacity by six times their 2020 levels to 3,600 gigawatts (GW) by 2035.

China said earlier this year it currently has 1,482 GW of wind and solar capacity.

Reaching Beijing's new goal would require installing around 200GW of wind and solar capacity a year, far less than China added in 2024.

Though renewable energy growth could slow, analysts widely view China as likely to hit and possibly exceed its 2035 target early.

- Fossil fuels, EVs -

China wants to raise the share of non-fossil fuels in its total energy consumption to over 30 percent by 2035.

That too is considered an achievable and unambitious pledge given recent forecasts already project that figure will hit 36 percent in a decade.

The Chinese president also promised to ensure "new energy vehicles", which include electric vehicles (EVs), become the "mainstream" in new sales.

That is arguably already the case given EVs make up over 40 percent of new purchases.

- Emissions trading, forest cover -

China's new commitments include a pledge to expand its carbon emissions trading scheme to cover all high-emission sectors.

The scheme is already in the process of expanding from the power sector to cover heavy industry including cement, steel and aluminum, and officials have signalled plans to apply it to even more sectors.

Beijing's 2035 pledge also targets forest cover of 24 billion cubic metres, up from 20 billion currently, according to official figures.

(O.Joost--BBZ)