COP31 Negotiation Chairman: China’s “Green Dividend” Benefits the World | News Living Room

China News Service, Antalya, November 11 (Wei Yuan, Xu Junjie, Zhang Dongfang) On November 10, local time, the 31st Conference of the Parties (COP31) of the United Nations Framework Convention on Climate Change was held in Antalya, Turkey. On the morning of that day, the "Ecological Civilization and Beautiful China Practice" side event was held at the China Corner, hosted by the Xi Jinping Thought on Ecological Civilization Research Center and China News Service, and co-organized by the Environmental and Economic Policy Research Center of the Ministry of Ecology and Environment and China News Network. COP31 Negotiation Chairman Chris Bowen attended and spoke, highly affirming China’s key role in the global renewable energy transformation process.

Bowen pointed out that today's world is facing multiple severe tests: mankind must deal with an unprecedented energy crisis and reduce the impact of long-term dependence on fossil fuels. At the same time, the rapid development of artificial intelligence is continuously increasing the supply pressure on the global energy system. If the response is inadequate, this will jointly push up the cost of living for people in all countries.

“But the good news is that these challenges have the same solution – accelerating the development of renewable energy and the transition to electrification, which is what the world is working together to do,” Bowen said.

According to the "Renewable Energy 2025" report released by the International Energy Agency, global renewable energy installed capacity will increase by 4,600 GW between 2025 and 2030, which is roughly equivalent to the current installed capacity of China, the European Union and Japan combined. He commented that this is a significant achievement, and China plays a key role in this process. Because of its huge size and global influence, China plays an important role.

In Bowen's view, China continues to increase investment in renewable energy and continues to promote the reduction of battery and photovoltaic costs. The resulting "green dividend" will not only benefit the country's own green development.

"China's measures have driven down the cost of clean energy, and this contribution has benefited countries around the world," Bowen said. (over)