Global Compact Completes China Meetings In Beijing

The United Nations' Global Compact China Network just completed its gathering in Beijing.

The event titled 2015 China Summit on Caring for Climate concluded at the end of last month and included several hundred business leaders, academicians and government officials, as well Rae Kwon Chung, principal adviser to United Nations Secretary-General on Climate Change, and representatives of the United Nations Global Compact.

Discussions included presentations on new actions by enterprises in a country that already is the worlds largest investor in wind turbines, solar panels and other clean or renewable energy sources.

Professor C.C. Chan, of the Chinese Academy of Engineering and the founding president of the World Electric Vehicles Association, assessed that rapid progress in the development of electric vehicles may allow China to become the world leader in this field.

Organized primarily by the Global Compact China Network, the Beijing meeting came a week after 193 governments met in Ethiopia at a head-of-state level at a finance summit.

The third annual China summit is affiliated with the global "Caring for Climate" initiative, sponsored by the UN Framework Convention on Climate Change Secretariat, the UN Environment Programme and the UN Global Compact. Roughly half of the approximately 400 corporations committed to "Caring for Climate" are based in developing, emerging market and transition countries.

Established in 2011, the Global Compact Network China currently has around 300 Chinese enterprise members.

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