China has made significant commitments to respond to the climate crisis, the biggest challenge the entire planet collectively faces, as recognised by President Xi’s recently made pledge for China to become Carbon neutral by 2060.
Our briefing provides Chinese policy makers
with practical recommendations to reduce its carbon emissions while achieving a
successful green transition through action to tackle global deforestation. In
particular, this briefing draws on recent policies and proposals under
consideration in Europe to address global forest loss associated with
agricultural commodities in global supply chains, an often-overlooked topic in China,
which could help tackle climate change and biodiversity loss.
- Download the policy briefing here (1.1 MB), pdf
Key recommendations
- Place forests front and centre in China’s national climate and biodiversity strategy and policy. This should expand from protecting its own forest to protecting forests around the world.
- Undertake comprehensive research to understand and respond to China’s global forest footprint associated with its consumption of products that drive deforestation around the world, as well its financing associated with global deforestation.
- As part of a global response, legislate to set mandatory requirements for Chinese companies to ensure its products and investments are not detrimental to people and the environment around the world.
- Revise the laws governing the banking sector to guide China’s banking sector to support its green ambition, and ensure its financing is not contributing to deforestation or social harm globally.
Money to Burn
More than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn
How banks, deforestation and the climate crisis are linked
We’re tackling the climate crisis by pushing for action on the banks behind the destruction of tropical forests
