Saturday, August 27, 2016

China and US to ratify landmark Paris climate deal ahead of G20 summit, sources reveal

China and the United States are set to jointly announce their ratification of a landmark climate change pact before the G20 summit early next month, the South China Morning Post has learned. Senior climate officials from both countries worked late into the night in Beijing on Tuesday to finalise details, and a bilateral announcement is likely to be made on September 2, according to sources familiar with the issue. President Xi Jinping will meet his US counterpart Barack Obama for the G20 summit in Hangzhou, Zhejiang province, two days later on September 4. “There are still some uncertainties from the US side due to the complicated US system in ratifying such a treaty, but the announcement is still quite likely to be ready by Sept 2,” said a source, who declined to be named. If both sides announce the ratification on the day, it would be the last major joint statement between the two leaders before Obama leaves office. China and the US account for about 38 per cent of global greenhouse gas emissions, according to the World Resources Institute. By ratifying the Paris Agreement on climate change, Beijing and Washington could generate momentum for the accord to come into effect as a binding international treaty...more

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