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China's Role in Global Climate Change Mitigation

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  • Ross Garnaut

Abstract

China contributed a majority of the growth in global greenhouse gas emissions in the first 11 years of this century. The trajectory of emissions has changed radically since then, as China has implemented its Cancun 2010 commitment to reduce the 2005 emissions intensity of economic activity by 40–45 percent by 2020. The change in trajectory has been reinforced by China's new model of economic growth, with its greater emphasis on equity in income distribution, consumption and services. The large-scale deployment of low emissions technology in China is lowering the cost of transition to a low carbon economy all over the world. China's new emissions trajectory improves the opportunity for the international community to meet the 2°C climate target. It is essential that the changes in China are brought to account in shaping global mitigation ambition.

Suggested Citation

  • Ross Garnaut, 2014. "China's Role in Global Climate Change Mitigation," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(5), pages 2-18, September.
    • Handle: RePEc:bla:chinae:v:22:y:2014:i:5:p:2-18
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    File URL: http://hdl.handle.net/10.1111/j.1749-124X.2014.12081.x
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    References listed on IDEAS

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    1. Garnaut,Ross, 2008. "The Garnaut Climate Change Review," Cambridge Books, Cambridge University Press, number 9780521744447.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801.
    3. Ross Garnaut, 2014. "Resolving Energy Policy Dilemmas in an Age of Carbon Constraints," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 47(4), pages 492-508, December.
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    Cited by:

    1. Sheng Fang & Xinsheng Lu & Paul G. Egan, 2018. "Reinvestigating the Oil Price–Stock Market Nexus: Evidence from Chinese Industry Stock Returns," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 26(3), pages 43-62, May.
    2. Kayser, Dirk, 2016. "Solar photovoltaic projects in China: High investment risks and the need for institutional response," Applied Energy, Elsevier, vol. 174(C), pages 144-152.
    3. Li, Jun & Hamdi-Cherif, Meriem & Cassen, Christophe, 2017. "Aligning domestic policies with international coordination in a post-Paris global climate regime: A case for China," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 258-274.
    4. Bilgili, Faik & Mugaloglu, Erhan & Koçak, Emrah, 2018. "The impact of oil prices on CO2 emissions in China: A Wavelet coherence approach," MPRA Paper 90170, University Library of Munich, Germany.

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