Side events in Bonn to discuss leveraging B&R Initiative for climate protection

BONN - The Belt and Road Green Development and Climate Governance Side-Event Series were launched on Wednesday at the 23rd Conference of Parties (COP 23) to the United Nations Framework Convention on Climate Change (UNFCCC).

The side event will focus on how to leverage the China-proposed Belt and Road Initiative and other multilateral cooperation mechanisms to achieve the 2.0 and 1.5 degree targets and implement the 2030 UN Sustainable Development Goals.

The side event includes six sessions covering topics such as nationally determined contributions in Belt and Road countries, Chinese renewable energy development, green energy cooperation under the Belt and Road Initiative, multilateral development banks and climate-compatible investments, south-south climate cooperation to drive Paris Agreement Implementation at national and regional levels, among other topics.

The side event is organized by the Belt and Road Green Development Partnership. The Partnership, inaugurated in 2016, was designed to provide policy recommendations for sustainable development under the Belt and Road Initiative by bringing together Chinese and global think tanks, environmental NGOs and foundations.

Yang Fuqiang, Steering Committee expert of the Belt and Road Green Development Partnership, said, "As a developing country, China offers valuable experiences to be learned by Belt and Road nations. While China works to implement the Belt and Road Initiative, it can also share with Belt and Road countries the technology and best practices from its own efforts to address climate change."