The Azerbaijan State News Agency

WORLD

Janet Yellen asks China to co-operate on climate change action

Janet Yellen asks China to co-operate on climate change action

Baku, July 8, AZERTAC

US Treasury Secretary Janet Yellen has called on China to work with Washington to fight the "existential threat" of climate change, BBC reported.

Speaking on Saturday, she said the two countries - the largest greenhouse gas emitters - had a joint responsibility to lead the way on climate action.

She called on China to support the US-led Green Climate Fund.

Ms Yellen is on a four-day trip to Beijing in an attempt to boost relations between the two countries.

Chinese Vice Premier He Lifeng, who was among those to meet with Ms Yellen, said he regretted "unexpected incidents", such as the row over a spy balloon, had hurt ties with the United States.

There's been no formal co-operation between China and the US on climate change since the administration of former President Donald Trump.

And China briefly suspended climate talks entirely with the US last year after senior Democrat Nancy Pelosi visited Taiwan, which is self-ruled but Beijing sees as a breakaway province it will eventually unite with.

But in a sign that co-operation could soon resume, Ms Yellen called on China to work together with the US to fight climate change and mitigate the effects on poorer countries.

During the roundtable meeting in Beijing with finance experts, she called on China to support US-led institutions like the Green Climate Fund, which was set up to help developing nations adapt to climate change and lessen its effects.

"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," she said.

China is now the world's biggest investor in solar energy, and biggest producer of solar panels and wind turbines but saw its carbon dioxide emissions rise 4% in the first quarter of this year compared to 2022.

The US, meanwhile, has invested billions of dollars in recent years into initiatives aimed at tackling climate change but also saw its emissions rise slightly last year, according to the International Energy Agency.

While Ms Yellen wants China to join the US in funding the worldwide transition to renewables, the sticking point is China's insistence that it is still a developing country.

Beijing says it is up to the US and Europe to pay for the energy transition, because they have historically created most of the emissions.

Ms Yellen is the second senior Washington official to visit Beijing in the last two months. Her presence there is aimed at easing tensions and restoring ties between the world's two superpowers.

US Secretary of State Antony Blinken visited Beijing last month, making him the highest-ranking Washington official to visit the Chinese capital in almost half a decade. He met President Xi Jinping and foreign minister Qin Gang.

At the end of his trip, Mr Blinken said that while there were still major issues between the two countries, he hoped they would have "better communications, better engagement going forward."

However, the next day President Joe Biden referred to Mr Xi as a "dictator" - triggering outrage from Beijing.

In another sign the trade dispute between the two countries is far from being resolved, China this week announced it was tightening controls over exports of two materials crucial to producing computer chips.

From next month, special licences will be needed to export gallium and germanium from China, which is the world's biggest producer of the metals.

Share news on social media

Follow us on social network

Foreign trade in Turkish lira up 39.4% in January-February

LeBron James becomes first basketball player to reach 40,000 career points in NBA

Heydar Aliyev Center hosts concert of world-known pianist Alfredo Rodriguez

Austrian parliamentary delegation visits Azerbaijan’s Milli Majlis

4 dead, 18 injured in fire at German retirement home

Azerbaijan, Qatar discuss prospects for cooperation

Speaker of Azerbaijan’s MIlli Majlis meets with President of Bulgarian National Assembly

Baku hosts 11th meeting of TURKPA Commission on Legal Affairs and International Relations

From Hun Sen, President of the Cambodian People’s Party

® "Robotex Türkiye" supported by Azercell concludes!

AZAL recommends purchasing tickets from Baku to Nakhchivan in advance due to Novruz holiday

COP29 host Azerbaijan signs up to Global Methane Pledge

Azerbaijan, Saudi Arabia mull prospects for educational cooperation

Alliance of Azerbaijanis in Germany issues appeal over presentation of “Cultural heritage of Artsakh” book

China's top political advisory body starts annual session

Trump to meet next week with Orban, Hungary’s leader

Astana to host 20th meeting of Azerbaijan-Kazakhstan intergovernmental commission

Azerbaijan, Algeria discuss energy cooperation

Nijat Abasov`s rivals at FIDE Candidates 2024 revealed

Khankendi-Baku Ultramarathon wraps up

36 killed, 41 injured due to heavy rains in Pakistan

3.8 kg of cannabis discovered in Khankendi

President Ilham Aliyev congratulates Shehbaz Sharif on his re-election as Prime Minister of Pakistan

‘The greatest genius ever’: remarkable Leonardo da Vinci manuscripts to go on show in Australia

Scientists reveal secrets of Earth's magnificent desert star dunes

2 killed, 40 injured in Brazil bus crash

From Filippo Tamagnini and Gaetano Troina, Captains Regent of the Republic of San Marino

ANAMA: 371 unexploded ordnances neutralized over past week

Osman Mesten: We demand for punishment of those, who killed people in Khojaly, just for being Turks

Azerbaijani boxers to fight for glory of Youth World Boxing Cup Adriatic Pearl 2024 in Budva

From Bernardo Arevalo, President of the Republic of Guatemala

OPEC+ members extend oil output cuts to second quarter

Zhelyazkov: Bulgaria intends to join Black Sea Submarine Cable Project

President of National Assembly of Bulgaria pays respect to National Leader Heydar Aliyev

Azerbaijani gymnasts claim two medals at Gymnastic International 2024

To His Excellency Mr. Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan

Young Public Diplomacy Summit Baku 2024 held

President Ilham Aliyev received President of National Assembly of Bulgaria VIDEO

Saudi Arabia will extend voluntary cut of one million barrels per day until end of Q2 2024, says Energy Ministry

TURKPA Commission on Legal Affairs and International Relations to convene its 12th meeting in Kazakhstan

Participants of TURKPA meeting pay respect to Great Leader Heydar Aliyev

Man City beat Man United 3-1 in Premier League derby

Sunken cargo ship in Red Sea carried 21,000 tons of fertilizer, CENTCOM says

Delegation of National Assembly of Bulgaria visits Alley of Martyrs

SpaceX launches Crew-8 astronaut mission to International Space Station for NASA

Participants of TURKPA meeting visit Alley of Martyrs

Azerbaijani judo team top medal table at Antalya Cadet European Cup 2024

Israel discovers prehistoric stone tool chipping site

Events on enlightenment of servicemen continue in Azerbaijan Army

Global oil prices drop

Antalya Diplomacy Forum wraps up

Haiti declares curfew after 4,000 inmates escape jail amid rising violence

Ombudsman: International community should exert significant pressure on Armenian government to provide accurate minefield maps to Azerbaijan

President of Bulgarian National Assembly embarks on official visit to Azerbaijan

Death toll from Russian drone attack on Ukraine’s Odesa rises to 10

Referee Manzano's final whistle denies Real Madrid's winning goal against Valencia

Elchin Amirbayov: Zangezur corridor could serve as an important confidence and peace-building tool between Armenia and Azerbaijan

Shehbaz Sharif elected as Pakistan’s new prime minister for 2nd term

Pascal Alberini: French media ignoring people's voices and spreading misinformation VIDEO

Third leg of Khankendi-Baku Ultramarathon begins in Ujar, concludes in Hajigabul

Landmine explosion injuries one in Aghdam

Gas Exporting Countries Forum 7th Summit opens in Algiers

Azerbaijani FM meets with Kazakh counterpart in Antalya

FIFA president rules out plan for blue cards

Antalya Diplomacy Forum features “New Dynamics of Cooperation in Eurasia” panel meeting

Azerbaijani NGOs address open letter to heads of German Council on Foreign Relations and Konrad Adenauer Foundation

Turkish-Azerbaijani relations are unparalleled in the world, say Azerbaijani FM

Fraternal Azerbaijan-Türkiye relations paved way for strengthening interparty ties between two countries, says NAP deputy chairman

Azerbaijani FM hails excellent organization of Antalya Diplomacy Forum

Azerbaijan, Moldova explore opportunities for cooperation

Remains of 13 more people found in mass grave discovered in Khojaly

Azerbaijani FM meets with his Slovak counterpart in Antalya

Global Baku Forum to welcome renowned COP experts

Azerbaijan’s energy minister to attend GECF summit in Algeria

Biden Meets Italy's Meloni, Announces Gaza Airdrop

Baku-hosted meetings on Southern Gas Corridor in Italian media spotlight

Azerbaijan, Luxembourg explore relations

Japan's Lower House passes budget bill for fiscal 2024

FM Bayramov fills Archbishop Gallagher in on Azerbaijan-Armenia peace agenda

Khankendi-Baku Ultramarathon second leg winner revealed

Snowfall, freezing weather leave 9 dead, injure 2 in Afghanistan

Jeyhun Bayramov: Azerbaijan regards CICA as unique dialogue platform based on unified principles

® Regional competitions of Robotex Türkiye kick off with support of Azercell!

Azerbaijan Technical University, Turkish Hacettepe University embark on cooperation in lifelong learning

Major growth of clean energy limited the rise in global emissions in 2023

Iris Apfel: US fashion designer dies aged 102

Azerbaijani FM discusses current regional situation with OSCE Secretary General

Azerbaijan, Georgia and Türkiye to discuss completion of Baku-Tbilisi-Kars railway project

Azerbaijan, Serbia discuss prospects for cooperation

NASA cancels OSAM-1 satellite servicing technology mission

FM Bayramov: Strengthening relations with OTS member states is a foremost priority of Azerbaijan`s foreign policy

Lazio 0-1 AC Milan: Noah Okafor bags late winner for Rossoneri as hosts see three players receive red cards

Algerian, Venezuelan oil companies agree to boost energy cooperation

Mexican presidential candidate Xóchitl Gálvez makes a blood pact in the middle of the campaign; promises not to eliminate social programs

Heydar Aliyev Center hosts presentation of "Qarabag FC - 30 Seasons Away" documentary film

Representatives of German Bundestag visit Azerbaijan`s Milli Majlis

Bayern and Freiburg share the spoils

Intensive English language course held with TABIB employees ends, Defense Ministry

Elon Musk sues OpenAI, Sam Altman over breaching initial agreement to pursue profits

Oil prices surge in global markets