“Global climate governance still has a long way to go,” Foreign Ministry spokesperson Mao Ning told a press briefing.
In particular, “the absence of a clear roadmap” for financing climate action assistance to developing countries by developed countries “is not conducive to building mutual trust between the North and the South,” she added.
“Developed countries are still failing to meet their commitment to provide $100 billion in climate finance to developing countries each year,” the spokeswoman said.
However, China attaches “great importance to this summit and fully supports Egypt, which has successfully fulfilled its role as host country”.
The world’s largest polluter, China rejected, during this summit, the idea that it should no longer be considered a developing country, even though it has been the second largest economy in the world for several years.
After difficult negotiations that overshot the schedule, COP27 ended on Sunday with a hotly contested text on aid to poor countries affected by climate change, but also on a failure to set new ambitions for the reduction of greenhouse gas.
