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Li Shuo_Greenpeace

12 Dec, 5 tweets, 2 min read

Watching the #climateambitionsummit2020. Xi Jinping to speak soon. Will he announce additional measures and enhance China's NDC?

Macron: President Xi will make an important announcement to add credibility to the 2060 carbon neutrality commitment. #ClimateAmbitionSummit #ParisAgreement #ClimateAction

Major announcement coming from Xi very soon. Will the need to improve China's image in the world propel a big decision from him?

Xi's announcement will be made amidst China's high carbon COVID recovery and when US-China relationship is at rock bottom. Ambitious or not, it will be the tone setting statement for the #ClimateAmbitionSummit.

You know sth will happen when Xi is the first to speak...

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Li Shuo_Greenpeace

@LiShuo_GP

13 Dec

As the dust settles for the #ClimateAmbitionSummit, here is my deeper dive on Xi’s announcement (thread)

1) China has now increased all 4 of its NDC headline targets. The peaking & carbon intensity targets are arguable the most important and have only received modest enhancement. The non FF target is politically easier, it sends a positive market signal, but can/should be higher.

2) Taken together, these enhancements should ensure peak emission between 2026&2030. This would require extremely steep carbon reduction post 2030 to deliver 2060 carbon neutrality. It also risks letting polluting industries grow further over the next 5 years.

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