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Asia-Pacific

China’s Transition Woes

As it struggles to kick its coal habit, the country moves forward on transition and reporting requirements to stay on track with climate commitments.

Reality certainly did not match rhetoric on climate action last year. A host of oil majors receded on their climate commitments, key financial institutions started to leave climate action consortiums, and major economies like the US and UK began backsliding on their net-zero pledges.   China, the world’s second largest…

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