The UK and China have signed a memorandum of understanding (MoU) to collaborate for promoting low-carbon growth in China.
The MoU will take forward the agreement reached during last year’s UK-China summit.
The UK China low carbon co-operation (LCC) will strengthen the exchange of practical policy knowhow and expertise between the UK and China’s Low Carbon Pilot Provinces and Municipalities on three principal themes.
The themes are low-carbon planning, use of market mechanisms that includes emissions accounting and trading and wider low carbon policy frameworks and analysis to encourage low-carbon development and energy efficiency, and low carbon standards, low-carbon labeling and procurement to bring about low carbon consumption.
Energy and Climate Change Secretary Chris Huhne said that making green growth a reality for both countries will be crucial for prosperity, the environment and for our energy security.
Both countries will work towards establishing a UK-China Low Carbon Co-operation Committee and Action Plan in Spring 2011.