Weekend Long Read: Enabling Market-Driven Pathways for Net-Zero Ambitions

At the United Nations Climate Change Conference (COP27) held in Sharm El Sheikh, Egypt, last November, a significant milestone was achieved with the establishment of the Loss and Damage Fund. However, conference attendees only made limited progress in boosting global ambitions in the fight against climate change.

This development reflected the current priorities of governments, corporate strategies, and the challenges inherent in pursuing climate goals within a framework of multiple objectives. For China, the journey to attain its “dual carbon” goals is a complex endeavor that necessitates carefully charted paths to ensure energy security and mitigate the impact on regions and communities affected by the transition.