COP29 must reach new finance deal, China’s climate envoy says

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SINGAPORE - November’s COP29 United Nations climate talks in Azerbaijan must have a new global agreement on climate finance or risk setting back the green transition, China’s top climate official said on June 25. Mr Liu Zhenmin, Beijing’s special envoy for climate change, also said efforts by the US and European Union (EU) to target Chinese green tech goods with tariffs will lead only to higher global prices for solar panels, batteries and other goods vital to the green transition. Speaking at the World Economic Forum’s Annual Meeting of the New Champions in Dalian, China, Mr Liu told a panel...