China Says Paris Climate Deal `Imperfect' in Funding, TechnologyBloomberg News
Nations should strengthen details of technology transfer
China eyes 20% of energy use from renewables, nuclear by 2030
China said the landmark climate-change agreement signed in Paris was “imperfect” in the areas of funding and technology transfer from developed countries to developing nations.
The world’s countries should finalize details of technology innovation, cooperation and transfer in follow-up negotiations, Xie Zhenhua, China’s special representative on climate change, said in a briefing in Beijing on Wednesday. There’s no timetable on the funding support the developed world will provide, he said.
Envoys from more than 195 nations on Dec. 12 took the boldest steps yet to stem climate change in Paris, extending limits on fossil-fuel pollution to developing nations for the first time. While the package is a step forward, environmentalists said that more action is required to contain temperatures that are on track to set a record in 2015.
China expects 15 percent of its energy use to be derived from non-fossil fuels, including renewable energy and nuclear, by 2020 from a target of 12 percent this year, said Xie. The share will climb to 20 percent by 2030, by which time the nation also aims to hit peak carbon emissions.
The actions to counter climate change will also help China reduce smog, said Xie. Hazardous smog has blanketed most of China’s northern and eastern regions in the past week.
— With assistance by Sarah Chen, and Feifei Shen