China plays key role in global renewable energy transition: COP31 President of Negotiations

What happened: At COP31 in Antalya, Chris Bowen, Australian Minister for Climate Change and Energy and COP31 President of Negotiations, said China plays a key role in the global renewable energy transition and is helping drive down solar and battery costs worldwide. Key numbers: Global renewable power capacity is projected to increase by 4,600 Why it matters: Bowen said no country matters more than China given its size, weight and global impact, and that Chinese investment in renewable technologies benefits countries beyond its borders and accelerates the global energy transition.

At COP31 in Antalya, Chris Bowen, Australian Minister for Climate Change and Energy and COP31 President of Negotiations, said China plays a key role in the global renewable energy transition and is helping drive down solar and battery costs worldwide.

Bowen said no country matters more than China given its size, weight and global impact, and that Chinese investment in renewable technologies benefits countries beyond its borders and accelerates the global energy transition.