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The country met its 1.5 gigawatt-peak solar deployment goal in end-2024 and has expanded its Article 6 offset pool under a new Bhutan pact, following similar deals with Ghana and Papua New Guinea, a senior minister revealed in parliament.
Thirteen countries submitted their Nationally Determined Contributions to the UN – including Singapore, the only Asian nation to do so – while the majority of Paris Agreement signatories missed a 10 February deadline. Countries could be holding back in light of uncertainties in a post-Trump world, say observers.
The year is likely to see cooperation between China and the European Union become more important, but both sides will have to carefully navigate developments that could lead to more trade friction. Transition finance is expected to grow.
Turning carbon-cutting pressures into growth opportunities is critical for Chinese businesses, write two researchers.
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