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Qingdao Initiative for Clean Energy Cooperation on the Belt and Road Released
Seetao 2021-10-19 10:37
  • In the case of soaring prices, Russia has assisted Europe, and Europe is now largely at the mercy of Russia in terms of energy.
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So far in 2021, regional energy benchmark prices have risen by nearly 500%-as the weather turns colder, increased demand and supply tightening have put pressure on the energy industry. On October 18th, the second Belt and Road Energy Ministers' Meeting opened in Qingdao on the 18th. At the meeting, the "Belt and Road Green Energy Cooperation Qingdao Initiative" (hereinafter referred to as "the Initiative") was officially released.

The initiative emphasizes that the development of green energy such as wind, solar, hydro, biomass, and nuclear energy plays a key role in the implementation of the Paris Agreement and the United Nations 2030 Agenda for Sustainable Development. Green energy is becoming an important engine for global economic development. It will create unprecedented opportunities for countries to carry out mutually beneficial cooperation.

The initiative emphasizes the principle of common but differentiated responsibilities, and respects the right of all countries to independently choose the path of energy transition; emphasizes increasing support for developing countries in terms of funds, technology and capacity building, so as to achieve a more balanced and large-scale green energy The development of it is very necessary.

The initiative calls on all parties to take concerted action to support the green and low-carbon development of energy in developing countries. The main initiatives include formulating more ambitious green energy development plans and goals, improving the reliability and resilience of green energy supply, and creating more attractive Green energy investment environment, etc.

The initiative believes that it is necessary to strengthen cooperation in green energy technology innovation, support more cooperation in green energy technology innovation, continue to promote the reduction of green energy technology costs, achieve parity on the grid of renewable energy as soon as possible, and improve the coordination of cost, green and safety in the energy transition , Pay attention to the transnational transformation and application of green energy innovation technologies.

The Energy Ministers’ Meeting of the Belt and Road Initiative is jointly sponsored by the National Energy Administration and the People’s Government of Shandong Province. Energy ministers, ambassadors to China and heads of international organizations from the countries along the Belt and Road will participate in the meeting in a combination of “online + offline” to discuss and promote countries to build a closer network of partnerships under the joint construction of the Belt and Road Initiative. Explore a win-win approach in jointly responding to energy transition and energy security challenges.

For a long time, the supply of natural gas in Europe has been a thorny issue, and energy cooperation is a key area in the joint construction of the Belt and Road Initiative. From October 18th to 19th, 2018, the first Belt and Road Energy Ministers’ Meeting was held in Suzhou, Jiangsu. During the meeting, China and 17 countries issued the "Ministerial Declaration on Establishing the Belt and Road Energy Partnership" to build closer energy The community of destiny has laid a solid foundation and provided a new model and mechanism for promoting the green and sustainable development of global energy. On April 25, 2019, the Belt and Road Energy Partnership was established in Beijing. 30 member countries of the partnership jointly issued the "Belt and Road Energy Partnership Cooperation Principles and Practical Actions", agreeing to hold the Belt and Road Energy Ministers' Meeting every two years . Editor/Xu Shengpeng


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