The world’s largest emitter of greenhouse gases must accelerate environmentally friendly projects if it is to transition to a low carbon economy, and this provides an opportunity for Hong Kong, says UN resident coordinator in China.

China leads the world in developing infrastructure to support the growth of EVs, but trails major European countries in consumer spending power on battery-powered cars, according to a report by Euromonitor.

Big oil and gas companies in China and elsewhere are using low-quality carbon offsets to ‘greenwash’ their imports of natural gas while failing to make strong emissions cutting commitments, Greenpeace says.

China, a major biofuel exporter, can do more to fight climate change by using low-carbon fuel in Chinese ocean-going vessels instead of exporting it, according to Holland-based 123Carbon.

Trading volume on HKEX’s Core Climate since its October 2022 debut is less than 1 per cent that of the world’s leading carbon market, as a lack of links with mainland China carbon exchanges stymies progress.

EV maker Leapmotor plans to start exporting to Europe in the third quarter next year, joining domestic peers BYD and Geely in targeting overseas markets

Experts are more confident about China’s carbon reduction progress and outlook than last year, according to a joint survey published on Tuesday by the Centre for Research on Energy and Clean Air and the International Society for Energy Transition Studies.

Overseas renewable power projects are expected to become a growing focus of China’s Belt and Road Initiative (Belt and Road Initiative), as the country pledges to put an end to developing new coal power projects abroad, a report from consultancy Wood Mackenzie said.

China has published draft regulations and guidelines for its voluntary carbon market, the China Certified Emission Reduction (CCER) scheme, in the latest move suggesting the reboot of the suspended market is getting close.

Global listed firms will by April 2026 exceed an emissions limit that would restrain warming to 1.5 degrees Celsius, MSCI says. That date is three months earlier than MSCI projected in July.

Limiting global warming to 1.5 degrees Celsius is still ‘technically feasible’, but this requires ‘urgent course correction’, the State of Climate Action report says.

China is expected to add 290GW in renewable energy capacity in 2023, nearly double what it added last year, according to a new report

In lead-up to UN climate conference from November 30, Kerry tells Singapore forum his talks with Chinese counterpart Xie Zhenhua in California this week yielded ‘positive results’.

Taobao owner Alibaba tops the list, but a Greenpeace manager says China’s e-commerce giants ‘still don’t do enough’ and may be ‘bottlenecks for progress’.

China’s actions on coal, oil and gas are key to ‘keeping the 1.5 degrees target alive’, as report finds governments are on track to produce more than twice the fossil fuels in 2030 than needed to achieve that goal.

China published its long-awaited plan to reduce methane emissions ahead of the COP28 climate summit, showing its willingness to work closely with the international community to tackle global warming.

The CFA Institute is offering a new certification programme for financial analysts and money managers to help plug a talent gap and prepare for more onerous climate-risk reporting requirements ahead.

China will set up pilot programmes in 100 cities and industrial estates nationwide as the world’s biggest polluter works its way towards its 2030 carbon peaking targets, a move which analysts expect will drive demand for low-carbon technologies and energy efficiency-enhancing equipment and services.

Kicking the can down the road has left the world behind on climate goals, says head of climate solutions at asset manager Legal & General Investment Management.

The stock has also declined 80 per cent from a peak in February 2021.

A delay in setting decarbonisation targets and associated transition plans is credit-negative for companies, the ratings agency said.

Charging points are proliferating quickly but not evenly: too many in large cities and not enough in rural areas. Meanwhile, despite record EV sales, operators of charging networks struggle to make a profit.

China, which has the world’s largest buildings construction industry chains, has the potential to lead the world in decarbonising the sector over the next decade, according to new research by the IFC.

To achieve its stated objectives of carbon peak by 2030 and carbon neutrality by 2060, China is eyeing the widespread adoption of hydrogen fuel as a clean energy source. Its potential is on the rise – but so is demand.

The lender, one of two European banks allowed to tap into the Chinese central bank’s green finance funding pool, aims to help Chinese companies selling to the European market meet standards for sustainability and climate transition, official says.