China could potentially drive a new global low carbon ‘revolution’ but it needs the help of the international community, according to a new report.
UK Researchers at the Climate Group and the Chinese Academy of Sciences (CAS) suggested investment in the low carbon economy could also help tackle the world’s financial crisis by creating millions of jobs and cutting carbon emissions.
Mark Kenber, CEO of The Climate Group said international help is needed for the country’s sustainable future: “China is already shaping the world’s economy like no other country and has the power to drive a global clean industrial revolution – but it cannot do it alone. International cooperation is absolutely essential. It will take Chinese and international leadership, vision and grasp of the urgency of action to ensure a better, cleaner, more prosperous future for all.”
The report suggests the ‘re-design’ of China’s economy can be improved with more investment in innovation and renewable energy.