China leads the way at COP29

Editor's note: Moiz Farooq is an executive editor at Pakistan Economic Net and Daily Ittehad media group. The article reflects the author's opinions and not necessarily the views of CGTN.

As the world convened for the 2024 United Nations Climate Change Conference, or COP29, in Baku, Azerbaijan last week, the urgency to combat climate change has been more palpable than ever. Amid mounting challenges and rising skepticism about global cooperation, China has emerged as a steadfast leader, showcasing a balanced approach to environmental sustainability and economic growth. China's proactive stance and significant contributions to global climate efforts have reaffirmed its role as a cornerstone of international climate governance.

China's remarkable progress in renewable energy and green technology was a highlight at COP29. The nation, already the world's largest producer of solar panels, wind turbines, and electric vehicles, reiterated its commitment to achieving peak carbon emissions by 2030 and carbon neutrality by 2060. These dual carbon goals are not mere promises but part of an actionable roadmap that integrates innovation, investment, and implementation. At COP29, China announced ambitious plans to expand its renewable energy capacity, aiming to install additional gigawatts of solar and wind energy that surpass the total energy capacities of several developed nations. This commitment underscores China's determination to lead by example.

In his address at the World Leaders Climate Action Summit during COP29, Chinese Vice Premier Ding Xuexiang, articulated China's vision for global climate governance. He emphasized three key propositions: Adherence to the principle of Common but Differentiated Responsibilities (CBDR), the transformation of growth models, and the enhancement of climate adaptation capacity. Ding underscored that developed countries should take the lead in fulfilling emission reduction obligations and advancing their carbon neutrality timelines, while developing nations contribute within their own capacities. He announced China's plan to submit its 2035 nationally determined contributions, covering all greenhouse gases, and reiterated the goal of achieving carbon neutrality before 2060.

Highlighting the necessity of transitioning to sustainable development, Ding pointed to China's advancements in manufacturing electric vehicles, lithium batteries, and photovoltaic products as contributions to global green development. He called for international collaboration to accelerate energy transitions, maintain stable new energy industrial and supply chains, and promote innovation in green technologies. Additionally, Ding emphasized the critical role of funding and technology in addressing climate change. He noted that since 2016, China has provided and mobilized over 177 billion yuan ($24.5 billion) to support other developing countries' climate responses. He urged developed nations to increase financial support and technology transfers to developing countries and advocated for setting more ambitious funding targets at COP29 to bolster global climate efforts.

China's role as a champion for the Global South was another standout feature of its COP29 agenda. Through South-South cooperation, China has consistently supported developing nations in building climate resilience. Whether through the provision of green technologies, capacity-building programs, or climate finance, China has demonstrated that climate action is a shared responsibility. One of the key announcements at COP29 was China's pledge to expand its South-South Climate Cooperation Fund. This initiative will channel resources toward renewable energy projects, climate adaptation measures, and technology transfers in vulnerable countries, bridging the gap left by unmet promises from wealthier nations.

A cornerstone of China's stance at COP29 was its advocacy for the principle of CBDR. China emphasized that while all nations must act against climate change, developed countries, bearing the brunt of historical emissions, must shoulder a greater share of the burden. By balancing its leadership with a firm call for fairness, China highlighted the importance of addressing inequities in global climate governance. This approach ensures that developing nations can pursue sustainable growth without compromising their right to development.

Transition to a green economy by China is not without challenges. As a global manufacturing powerhouse, the nation must balance its industrial growth with its environmental goals. However, its phased approach to reducing coal dependence while simultaneously scaling up renewables demonstrates a pragmatic strategy that other nations can emulate. China's climate policies are reshaping the global energy landscape. Its investments in renewable energy have lowered technology costs worldwide, making green solutions accessible to more countries. By leading the way in green manufacturing, China is not only reducing its own emissions but also enabling other nations to decarbonize effectively.

At COP29, China reaffirmed its position as a beacon of hope in the fight against climate change. Its leadership, rooted in fairness, innovation, and cooperation, offers a compelling vision for a sustainable future. By prioritizing collective action and equitable growth, China is not only meeting its own climate goals but also paving the way for global progress. As the world grapples with the defining challenge of our time, China's commitment to this cause stands as an inspiring example. Its efforts remind us that meaningful change is possible when nations prioritize shared prosperity over divisive narratives. In the face of adversity, China's steadfast dedication to building a greener, more sustainable planet is a call to action for all.