South China Morning Post, November 23 reported that with the improvement of China-India relations, bilateral cooperation in clean energy is expected to bring new opportunities. The 30th United Nations Climate Summit (COP30) was held from November 10 to 21 in Belém, Brazil, where China and India maintained consistency on several key positions, such as demanding developed countries to fulfill their funding commitments to provide financial support for climate change mitigation and adaptation, and jointly opposing unilateral climate trade measures that harm developing countries. Analysts believe that China and India's positions on relevant issues are gradually converging, which may reshape the global energy transition landscape. It is known that China maintains significant cost advantages in multiple key clean technology areas due to its scale effect, industrial policies, integrated supply chain, and strong domestic demand. Meanwhile, the demand for clean energy and energy storage in India is rapidly expanding, and the prospects for cooperation between the two countries are broad. Analysts pointed out that if China's manufacturing advantages can be combined with India's vast demand, it is expected to achieve regional economic growth and emission reduction in parallel, providing a replicable low-cost decarbonization model for the "Global South". In addition, against the backdrop of the EU's upcoming implementation of the Carbon Border Adjustment Mechanism (CBAM), China-India clean technology cooperation not only helps reduce transition costs but also enhances the collective voice of developing countries in international climate negotiations.
Original article: www.toutiao.com/article/1849689332751424/
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