Jiang Mengnan ( China Dialogue ) – Around the world, tech and finance companies have been laying staff off. In 2022, tech firms’ payrolls fell by 164,000 employees, with a further 166,000 jobs cut in the first quarter of 2023, according to tracking platform Layoffs.fyi. In China, youth unemployment is also rising, hitting 20% this […]
The European Union is Struggling to Respond to Biden’s Subsidies for Green Energy
By Anna Gumbau ( China Dialogue ) – After the economic crisis caused by Covid-19 and the energy crisis caused by Russia’s invasion of Ukraine, European unity is being tested once again, this time by the US Inflation Reduction Act (IRA). When President Joe Biden signed the IRA into law in August 2022, European leaders […]
COP15 reaches historic Agreement to protect Biodiversity
By Regina Lam and Xia Zhijian | – ( China Dialogue ) – Delegates at the COP15 UN Biodiversity Conference have approved a deal to halt and reverse biodiversity loss by 2030, hoping to put nature on a path to recovery for the benefit of all the world’s people. The Kunming-Montreal Global Biodiversity Framework was […]
G20 still paying Billions in Fossil Fuel Subsidies
By Catherine Early | – ( China Dialogue) – The Group of 20 is an intergovernmental forum of 19 countries and the European Union. These include most of the world’s largest economies, including those of many developing nations, and together account for over 80% of world GDP. Subsidies to the sector had fallen to $147bn […]
Climate Emergency hits China: Historic droughts trigger power Shortages in the Yangtze Basin
( China Dialogue ) – Since mid-June, China has been facing the most intense and enduring heat waves since records began in 1961, according to the National Climate Centre. In the past week, the middle and lower Yangtze River basin has experienced exceptionally hot and dry spells in what is supposed to be the flood […]
‘Cascading’ climate risks in the Middle East and North Africa
By Glada Lahn | – ( China Dialogue) – The next two United Nations climate negotiations will take place in the Middle East and North Africa region (MENA). COP27 will be in Egypt this November, followed by COP28 in the United Arab Emirates next year. Climate change has only recently gained mainstream attention in MENA, […]
China’s crucial Role in decarbonising the global Steel Sector
By Belinda Schäpe and Byford Tsang | – ( China Dialogue ) – What happens in China’s steel plants matters for the global climate. After power generation, the steel sector is the second largest contributor to China’s emissions, accounting for roughly 17% annually. China produces more than half of all global steel, and over 60% […]
Desertification and Land Degradation now Affects 50% of World’s Population, Economy: UN
By Catherine Early | – ( China Dialogue ) – A “crisis footing” is needed to conserve, restore and use land sustainably, according to a major report that warns of food supply disruptions, forced migration and rapid biodiversity loss. Unless countries scale up action, there will also be a higher risk of zoonotic diseases like […]
IPCC: Limiting heating to 2C requires CO2 Emissions to peak before 2025, and fall 25% by 2030
By Catherine Early ( China Dialogue ) – Without “immediate and deep” emissions reductions across all sectors, limiting global warming to 1.5C will be impossible, according to the latest assessment by climate scientists. The warning came in the third report to be released in the last nine months by the IPCC (Intergovernmental Panel on Climate […]
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