During the COP26, China and the US released the Joint Glasgow Declaration on Enhancing Climate Action in the 2020s, in order to further enhance the cooperation between the world's two largest emitters on greenhouse gas emission reduction. Below are some key actions the two countries agreed to in the declaration:
Intended Cooperation
l Regulatory frameworks and environmental standards related to reducing emissions of greenhouse gases in the 2020s;
l Maximizing the societal benefits of a clean energy transition;
l Policies to encourage decarbonization and electrification of end-use sectors;
l Key areas related to the circular economy, such as green design and renewable resource utilization; and
l Deployment and application of technology such as direct air capture.
Reducing methane emissions
l The two countries intend to cooperate to enhance the measurement of methane emissions;
l To exchange information on their respective policies and programs for strengthening management and control of methane;
l To foster joint research into methane emission reduction challenges and solutions;
l China intends to develop a comprehensive and ambitious National Action Plan on methane.
Reducing CO2 emissions
l The two countries intend to cooperate on policies that support the effective integration of high shares of low-cost intermittent renewable energy;
l Distributed generation policies that encourage integration of solar, storage, and other clean power solutions closer to electricity users;
l Conergy efficiency policies and standards to reduce electricity waste;
l The US has set a goal to reach 100 percent carbon pollution-free electricity by 2035;
l China will phase out coal consumption during the 15th Five-Year Plan and make best efforts to accelerate this work.
Fulfilling the fund commitment
l Both countries recognize the importance of the commitment made by developed countries to the goal of jointly mobilizing $100b per year by 2020 and annually through 2025 to address the needs of developing countries.
l The two sides intend to establish a "Working Group on Enhancing Climate Action in the 2020s,�?which will meet regularly to address the climate crisis and advance the multilateral process, focusing on enhancing concrete actions in this decade.
Global Times