China can lead global green trade drive

China Daily (Europe) | Jan 16, 2020 at 12:00 AM
  • As we approach the Year of the Rat and begin a new 12-year cycle of the Chinese zodiac, three profound challenges face the world: how to build a more stable and efficient trading system, tackle climate change, and protect biodiversity.
  • This stance can help position China positively in support of global environment and development agreements, including around the sustainable development goals, climate change, and biodiversity.
  • There are steps China can take relatively easily including adjusting policy and legal measures to incentivize greener supply chains; integrating green criteria into trade, investment and finance; and using its growing development assistance portfolio to assist countries producing these commodities in achieving their own greening objectives.