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Tuesday, November 26, 2024
中国のグリーンな視点
陳功

Those who have read my previous analysis column may be uneasy about my views on global climate change, and this is understandable, as such views seem completely at odds with the current global efforts to combat climate change. However, they appear to share many similarities with the conservative views of Donald Trump. Unfortunately, I hold those views seriously, and I must state that I have not discussed these issues with anyone. I am simply presenting and discussing my own understanding of the global climate agenda, and I will continue to address China's unique perspective on how it should approach global climate change.

First, China should have its own green perspective to address global climate change. By articulating a viewpoint originating from China, the country can build a cultural role that actively participates in the global climate change movement, rather than just being a participant in intergovernmental actions. In fact, in my previous analysis, I have already outlined the current main trends in global climate change and defined it as a cultural-political movement, much like the "Greenpeace" movement of the past, with deep social and cultural backgrounds.

Second, the climate issue is closely tied to China-U.S. relations and China's global relations. It is essentially a lever in global geopolitical and diplomatic relations. If China is to become a mainstream social force in global public opinion, it should leverage all available tools and use them as a "global language", rather than relying solely on the old, familiar narratives. For instance, using geopolitics to exclude green industries is a paradox. It contradicts the efforts to address global climate change and should not be promoted or supported. Therefore, China's electric vehicle sales should not be artificially hindered for various reasons but should be strongly supported within the global climate agenda.

Third, China's green perspective involves significant green investments. Although there are signs of a retreat in green finance, it is important to note that global warming, after political and legal fermentation, is becoming a systemic cost. The transactions in global financial markets cannot avoid this systemic cost and risk, and therefore, they will inevitably pay attention to it. Tesla's success in the global market reflects this situation. According to data from Climate Bonds Market Intelligence, the global green bond market surpassed USD 500 billion in 2021, reaching USD 517.4 billion. The creation of green financial instruments is ongoing and now includes green stock indices, green bank wealth management, green insurance, carbon finance, and more. Capital markets are always related to market size, and China happens to have the advantage of a large market size.

Fourth, China's green perspective involves urban renewal, especially large-scale urban renewal in first-tier cities. For a relatively well-developed first-tier city, it is impossible to rely solely on the redevelopment of "urban villages" to achieve industrial revitalization, as Shanghai, for example, has no "urban villages". In this case, urban renewal should be based on China's green perspective, centered around the pedestrian-oriented development (POD) principle, as well as the concepts of "conservation and efficiency". This kind of urban renewal, with large-scale reconstruction aimed at energy conservation and emission reduction, can generate significant investments and GDP, driving urban economic growth and making cities more livable. In this regard, Shanghai Key Laboratory Of Urban Design and Urban Science (LOUD) has already been promoting planning transformation, though comprehensive and effective strategic policy support has yet to be established.

China's traditional viewpoint on global climate change has always been clear, from the governance concept of "nature is an invaluable asset" to a series of government action frameworks for responding to climate change. However, the problem lies in the fact that its climate response solutions severely lack cultural design and conceptual leadership. They are marked by a rigid government action approach, and when it comes to climate and environmental responses, the focus immediately shifts to a top-down indicator system and administrative inspection, which tends to be superficial and typical of a rushed, extensive approach. We now understand that Western climate change efforts are a cultural-political movement, but in the case of China, they are considered to be "projects", where everything is centered on practical execution, without making efforts in culture, theory, and concepts, and without attempting to form and build a Chinese green cultural movement. Therefore, when it comes to global climate change, China still lacks its voice. To solve this problem, it must start from its unique green perspective and actively build a Chinese green cultural movement, while also striving to make the world better understand its stance on climate change.

For China, its strategic core in addressing global warming is "conservation" and "efficiency". This is very helpful in curbing the large-scale cost increases brought about by climate change mitigation, which have already manifested as inflation in the U.S. and Europe. It is expected that in the future, there will be increasing opposition to this in the U.S. and Western countries. Therefore, the implementation of China's green perspective should focus on "energy saving and emission reduction" through reinvestment and reconstruction as its main features, contributing to global climate change. This should especially become a key focus in the country's 14th Five-Year Plan.

What should be noted is that to be effective, China's green perspective must also become an ideological cultural movement. Only then can it create a model for developing countries and provide a paradigmatic contribution to balancing development goals with climate change responses. This type of social green cultural movement, distinct from Western progressivism, can avoid the current blind adherence to "political correctness" in the West. It can establish a balanced framework between pragmatic development and climate change theory, thereby truly addressing the conflict between developing and developed countries on climate change issues.

Therefore, China's green perspective must demonstrate its efforts to address global climate change, moving beyond theory, financial investments, and projects to more substantive practices. It should aim to have a broader social impact, so as to ensure that it gains widespread success among the many developing countries.

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