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World Bank President Jim Kim names China as vital partner in combating climate change

Date
18 September 2013
World Bank President Jim Kim names China as vital partner in combating climate change

NEW YORK: Ahead of his appearance at the Climate Week NYC Opening Ceremony, World Bank President Jim Yong Kim names China as a ‘vital partner’ in combating climate change, restating the importance of international collaboration.

World Bank President Jim Yong Kim will be speaking at the Climate Week NYC Opening Ceremony days before the IPCC 5th Assessment Report is released—which is expected to show virtually unanimous scientific consensus on climate change—along with a coalition of leading political, corporate and public figures, who will call on governments and businesses to move from debating the science to delivering climate action.

Ahead of his appearance, Jim Kim has written an op-ed in China’s biggest English-language newspaper China Daily, naming China as a ‘vital partner’ in combating climate change.

Referencing conclusions from the World Bank report, Turn Down the Heat: Climate Extremes, Regional Impacts, and the Case for Resilience, that rising global temperatures increasingly threaten the health and livelihoods of people across the world, Jim Kim writes: “China is now the largest contributor to global greenhouse gas emissions by volume. Its per capita emission has risen to 7.2 carbon dioxide metric tons, comparable with countries of the European Union.

“The good news is the Chinese government is acting to address the challenge on an equally massive scale. It has pledged to reduce its carbon intensity by 40-45% by 2020 compared to 2005 levels, and to increase its non-fossil fuel-based energy consumption to 15% by 2020.

“China now leads the world in small hydropower development and in wind capacity, which has doubled every year since 2005 and reached 61 gigawatts in 2012. Its renewable energy consumption between 1990 and 2010 was as high as all European countries combined.

“The World Bank Group is supporting China's efforts to do more. Yesterday, I signed a memorandum of understanding with the chairman of the National Development and Reform Commission to expand cooperation in the areas of climate change, clean energy, reduction of traffic jams and air pollution, and improved flood risk management.

Mentioning more about the World Bank’s clean energy programs in China, Jim Kim said: “Over the last two decades, we have supported China's adoption and large-scale implementation of clean technologies. We are now supporting its pilot trading schemes to achieve green targets more cost effectively. These include carbon cap and trade through the Partnership for Market Readiness initiative, energy efficiency trading, and renewable energy quotas and trading."

He concluded with: “The world can learn a lot from China's experience. I am greatly encouraged that China is committed to becoming a bigger part of the global solution. China and the world need such bold action, and the World Bank Group will help in every way possible.”

You can listen to World Bank President Jim Yong Kim speak at the Climate Week NYC 2013 Opening Ceremony on September 23 from 10:30am EST/3:30pm BST by watching our live stream and following live-tweeting on @ClimateGroup.

Climate Week NYC is an annual global summit focused on building a strong, low carbon economy. Following the Opening Ceremony, over 50 high-profile meetings, events and activities organized by a diverse group of business, government, arts and civil society players will take place in and around New York City.

See what else is happening at Climate Week NYC 2013 and follow activities from wherever you are using hashtag #CWNYC.

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