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Climate Club: A New Trend in the Game of Climate Strategies between China and Europe
REEI 2021/04/30

The "Paris Agreement" reached in 2015 strives to limit global average temperature rise to 1.5℃, with a minimum temperature below 2℃ comparing to pre-industrial levels. In order to reduce climate change risks towards earth’s ecology and human development, carbon neutrality must be achieved in the second half of this century. Currently, there are only 30 years left for the world to reach net zero emissions by 2050, major global economies must act as leaders in climate response and propose more ambitious emission reduction targets in accordance to the 1.5℃ temperature increase scenario.

The co-founder and co-director of REEI, Zhao Ang, expressed his views, “The impact of the application of climate governance will gradually become apparent and intensified. In addition to voluntary cooperation, changes in trade rules may promote the formation of “climate club” to encourage less climate responsive countries to to actively implement emissions reduction efforts that match the global net zero targets.” On April 30, 2021, “Lianhe Zaobao” published the article “Climate Club: A New Trend in the Game of Climate Strategies between China and Europe” written by Zhao Ang. The author briefly reviewed the competitive process of China, Europe and the United States in climate goals and climate strategies, commenting on the reality of the formation of “climate club”.

To read the  article, it is linked : 联合早报转载文章《气候俱乐部:中欧美气候战略博弈新态势》