Definition of drawdown: Drawdown is that point in time when atmospheric concentrations of greenhouse gases begin to decline on a year-to-year basis. More simply, it’s that point when we take out more greenhouse gases than we put into Earth’s atmosphere.
How does it work?
How do we begin the process of reversing global warming? The only way we know how is to draw down, to avoid putting greenhouse gases up and to pull down what’s already there. Earth is the only home for humanity. We must follow a people-centered approach, foster a sound environment to buttress sustainable economic and social development worldwide, and achieve green growth. China attaches great importance to addressing climate change. We will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. China supports APEC in advancing cooperation on sustainable development, improving the List of Environmental Goods, and making energy more efficient, clean and diverse. We need to enhance economic and technological cooperation, promote inclusive trade and investment, support the development of small- and medium-sized enterprises, scale up support for women and other vulnerable groups, share experience on eliminating absolute poverty and strive to deliver the 2030 Agenda for Sustainable Development.
Impact:
- Environmental protection: Energy conservation and emission reduction can significantly reduce energy consumption and pollutant emissions, helping to protect the ecological environment. In particular, reducing the use of non-renewable energy sources such as coal, oil, and natural gas can reduce dependence on these resources, while reducing pollutants from combustion, helping to slow down global warming and other environmental problems.
- Delay energy shortage: Through energy conservation and emission reduction, the onset of energy shortage can be delayed, energy consumption and waste can be reduced, so as to ensure a stable supply of energy and provide strong support for the sustainable development of society.
- Reduced production costs: Energy-saving measures can reduce the energy consumption of enterprises, thereby reducing production costs. This cost reduction helps to improve the economic efficiency and competitiveness of enterprises.
- Improve quality of life: Energy conservation and emission reduction can reduce air pollution and improve the living environment of human beings, thereby helping to improve people's quality of life. Especially for city dwellers, a clean, livable environment is crucial.
- Promote technological innovation: In order to achieve the goal of energy conservation and emission reduction, enterprises need to continuously promote technological innovation and improve energy efficiency. This kind of innovation can not only improve the competitiveness of enterprises, but also help to drive the progress of the entire industry.
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