News Snapshot:
We discuss China’s position on biodiversity conservation and impact on business activity in light of the international adoption of the Kunming Declaration at the first part of the COP15 virtual conference. The declaration may have felt rushed, but negotiations on more concrete proposals will take place in 2022, culminating in the second part of COP15 in April-May. Meanwhile, ‘ecological civilization’ continues to be a buzzword, showing up in President Xi Jinping’s speeches, and a likely indicator that some industries and economic activities may be boosted or curtailed, if the Chinese government follows through with sustainable development initiatives. On October 13,...
