(MENAFN- The Arabian Post) Greenlogue /AP

Climate experts from China have raised significant concerns about the growing impact of trade barriers on global efforts to tackle climate change. Speaking at the COP30 summit, they warned that rising protectionism, including tariffs imposed by major economies such as the United States and the European Union, is hampering critical international collaboration needed to meet global emission reduction targets.

The Chinese delegation highlighted that while countries have made ambitious pledges to combat climate change, trade policies have increasingly become a barrier to the seamless flow of green technologies and sustainable practices. Specifically, they pointed to the tariffs levied under former US President Donald Trump's administration and measures enacted by the EU, which they argue are preventing the transfer of clean energy solutions and hindering the development of environmentally friendly industries.

According to the experts, these trade restrictions have created a fragmented global market for green technologies, making it more difficult for developing nations to access affordable, advanced climate solutions. This, they assert, exacerbates the inequality between countries that are capable of rapidly adopting green technologies and those that are struggling to fund such transitions.

China's climate advisers argued that international trade has long been a key driver in the global dissemination of innovative green technologies. Restrictions, they contended, are leading to a rise in costs, limiting the effectiveness of global initiatives aimed at reducing carbon emissions. For example, clean energy infrastructure, such as solar panels and wind turbines, relies on materials that are often produced across borders. With tariffs on such goods, the cost of these green technologies becomes prohibitive for poorer nations that are trying to make the transition to cleaner energy sources.

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The delegation also underscored the importance of collective global action in addressing climate change. They stressed that cooperation between countries, regardless of economic standing, is essential for the large-scale deployment of renewable energy projects. China's own transition towards greener energy practices, they noted, has relied heavily on the importation of advanced technologies and the ability to collaborate with international partners.

The Chinese representatives pointed to the role of green finance as a potential solution to some of these issues. They called for a greater focus on funding mechanisms that support sustainable development in emerging markets, suggesting that more financial resources could be directed towards supporting the global green transition without the constraints imposed by trade protectionism. However, they warned that without easing trade barriers, even the most robust financing initiatives could fall short of their goals.

The conversation at COP30 also drew attention to the broader economic consequences of these trade restrictions. Experts highlighted that climate change itself is an economic issue, and delaying progress on emission reductions will only increase the costs of mitigation and adaptation in the long term. China's advisers argued that by fostering more inclusive trade policies, nations could accelerate the transition to a low-carbon economy, which would benefit both global economic stability and the environment.

via Greenlogue

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