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The 12th Five Year Plan - China's Low Carbon Opportunity?

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About this Event

09 May 2011 @ 12:45

About the Speaker:

Nick Mabey is the CEO and a Founding Director of E3G – Third Generation Environmentalism – an international not-for-profit dedicated to sustainable development, working in the EU, US and China. He provides strategic advice to government and business on European climate policy, climate diplomacy and foreign policy, and the security implications of climate change.  Prior to founding E3G, Mr Mabey was strategic adviser on energy and climate in the UK Prime Minister’s Strategy Unit. He has also served in the Environmental Policy Department of the Foreign and Commonwealth Office and as Head of Economics and Development at WWF-UK. He is the author of a book – “Arguments in the Greenhouse” and has published extensively on climate diplomacy and security issues. 

About the Speech:

In his speech, “Making Choices Over China,” Nick Mabey reflected on the evolving Europe-China relationship on climate and energy policy and outlined the key components of China’s latest Five Year Plan, which aims to position China as a market leader in low-carbon goods. Looking at the challenges and opportunities for Europe presented by the plan, Mr Mabey maintained that the EU is failing to build on its pre-existing advantages in the low carbon race. He argued that there is an increasingly fragmented approach in Europe at the same time that China is integrating climate and energy into its domestic growth strategies. Pointing to the many long-term shared interests between the EU and China in this sphere, Mr Mabey maintained that issues such as carbon leakage are a distraction from the core issue of managing low carbon trade and investment. He suggested that EU strategic engagement with China should in future focus on a commitment by China to a global rules-based system, domestic ambitions for China consistent with a 2 degree emissions trajectory by 2015, and an agreement to maximise the mutual benefits of trade and investment in low-carbon goods and services.

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