Titled “Green Development Guidelines for Overseas Investment and Cooperation”, the guidance was jointly issued by the Ministry of Ecology and Environment and the Ministry of Commerce. It is the Chinese government’s latest attempt at reining in overseas carbon emissions by greening its overseas investments.
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WASHINGTON (August 9, 2021)—Today the Intergovernmental Panel on Climate Change (IPCC) released a new climate science report from its Working Group I on the physical science underpinning past, present and future climate change. The report showcases the latest projections for temperature rise, advances in attributing extreme weather events to climate change, increased risks to reaching tipping points where significant impacts become irreversible, and much more. Two especially notable findings include: - The world may reach 1.5 degrees C (2.7 degrees F) of warming within the next two decades. - There remains a very narrow pathway to limit warming to 1.5°C by 2100, but it will require decisive action to curb emissions very rapidly this decade as well as reach net-zero greenhouse gas emissions by mid-century.