UK Confirms Deals with China to Grow Low Carbon
The UK has today confirmed it will develop formal partnerships with China in an attempt to accelerate low-carbon growth in both countries through the exchange of clean technologies, expertise and policy.
Chinese Vice-Premier Li Keqiang, the head of a four day trade mission to the UK, today signed a Memorandum of Understanding (MoU) with energy and climate change secretary Chris Huhne to create a UK China Low Carbon Co-operation (LCC) initiative.
The Department of Energy and Climate Change (DECC) said the MoU would lead to the development of a new partnerships scheme for promoting low-carbon growth in China that was initially proposed during last year's state visit to China by Prime Minister David Cameron.
Initially focusing on co-operation between the UK and the low carbon pilot provinces of Chongqing, Guangdong and Hubei, together home to 180m people, the new partnership will aim to promote low carbon planning, market mechanisms to encourage low carbon development, and methods to bring about low carbon consumption.
Top of the agenda is likely to be emissions accounting and trading schemes, as well as low carbon standards, labelling and procurement policies.
Huhne said a UK-China Low Carbon Co-operation Committee and Action Plan should be established later this year.
"Making green growth a reality for both countries will be crucial for prosperity, the environment and for our energy security," he added. "Today's agreement demonstrates that the UK and China want to accelerate this shift to low carbon and are committed to greater collaboration on energy markets and low carbon technology."
The deal is the latest in a series of clean tech collaborations between the two countries, including studies jointly conducted by UK and Chinese universities examining carbon capture and storage technology and methods to mitigate the effects of climate change.
It also comes just a day after Vice-Premier Li held discussions with Scottish ministers that culminated in a multi-million pound energy-from-waste deal for British firm W2E Engineering.
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