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Business of climate change
Economy

Global Impact: time to ‘invest in our planet’ as Earth Day provides climate change reminder

  • Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world
  • In this edition, we mark Earth Day with a look at the latest climate change efforts

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In this edition of the Global Impact newsletter, we mark Earth Day with a look at the latest climate change efforts. Photo: EPA-EF/JIM LO SCALZO
Eric Ng
Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world. Sign up now!

Every year since 1970, Earth Day on April 22 has served as a reminder for every citizen on the planet of their collective responsibility to help accelerate the changes needed to transition towards a greener, more sustainable and equitable society and economy.

Themed “invest in our planet”, this year’s initiatives include global open-letter signing events to promote climate literacy, support sustainable fashion, plant trees and mitigate plastic pollution.

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In China, although planned activities are relatively few – most notably a handful of clean-up events in Hong Kong, Shenzhen and Hangzhou – they help inspire people to reflect on how the world and China fare in the effort to mitigate climate change, which is one of the biggest environmental threats to mankind.

02:32

Vietnam targets rice as an unlikely contributor to climate change

Vietnam targets rice as an unlikely contributor to climate change

The Group of 7 (G7) nations, which finished two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo last weekend, reaffirmed their commitment to accelerating the clean-energy transition and achieving net-zero greenhouse gas emissions by 2050.

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They agreed to increase solar power capacity to more than 1,000 gigawatts (GW) and offshore wind capacity to 150GW by 2030, which according to a Nikkei report amounts to a tripling in solar capacity and a seven-fold jump in offshore wind capacity from 2021 levels.

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