Mixing it up in fight for the climate

China's green policies show benefits of private and public investment

While the United Nations urged countries to use the world's wealth to fight climate change, a Chinese senior official said Beijing has set a successful example in using fiscal investment to leverage huge amounts of capital to meet the targets of cutting greenhouse gas emissions and pollutants.

Xie Zhenhua, China's special representative on climate change affairs, said on Tuesday in Paris that China needs to earmark at least $6 trillion in "green investment" as it will reach carbon emission peak around 2030.