ATTEMPTS TO STRENGTHEN TIES DESPITE DISAGREEMENTS
THE UNITED STATES and China, as the world's two largest economies, must work together to combat the "existential threat" of climate change, US treasury secretary Janet Yellen told Chinese government officials and climate experts on Saturday.
During a visit to Beijing, Yellen said previous cooperation on climate change between the US and China had made possible global breakthroughs such as the 2015 Paris Agreement, adding that both governments wanted to support emerging markets and developing countries as they strive to meet their climate goals. "Continued USChina cooperation on climate finance is critical," Yellen said in a prepared text at a climate roundtable in Beijing. "As the world's two largest emitters of greenhouse gases and the largest investors in renewable energy, we have both a joint responsibility - and ability - to lead the way."
This story is from the July 09, 2023 edition of Financial Express Mumbai.
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This story is from the July 09, 2023 edition of Financial Express Mumbai.
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