ChinasApproachtoEnergyandClimateChange 3 43 expandedtheimportofmanufacturedgoods. Technologyisthe mostimportantlongterm strategyfordealing with climatechange.Inthisregard , Chinesescienceandtechnologyhaveprovided someusefultoolsforaddressingclimatechange.Chinaisvigorouslydeveloping energysavingand energy efficienttechnologies , renewable energy and new energytechnologies , and “ cleancoal ” .OthertechnologiesChinaisexploringand utilisingincludeadvancednuclearenergy , carboncaptureandstorage , bio sequestrationandcarbonsequestration.Thedevelopmentofenergytechnologies willhelptoreducethenearlyonetrillionUSdollarcostofeach.Chinahasalso emphasisedraisingpublicawarenessofthelowcarbonissue.Experiencehas shownthateffectivesocialparticipationisthebasisforatransitiontoalow carboneconomy. 5.犆狅狀犮犾狌狊犻狅狀 TherearesimilaritiesbetweenSinoLatinAmericanrelationsandSinoEU relationsineconomicterms , althoughtheEU hasgreaterinfluenceandthe relativelypooreconomicperformanceofLatinAmericahithertoislargelydueto competitionfromtheEUratherthanfromChina.Despitebearingrelativelylittle responsibilityforthecurrentimpactofclimatechange , like China , Latin Americancountrieshavedeterminedthatitisintheirowninteresttobepartof thesolution.Mexicohasdevelopedaneconomywideplantohalveitsprojected emissionsby 2050 via a capandtrade programme.Brazilis committed to reducingannualdeforestationby70percentby2018:deforestationisthelargest sourceofemissionsinBrazil , andwhenitisincluded , Brazilisoneoftheworlds topemitters.Thistargetisthereforeasignificantsteptowardsmeetingglobal emissionstrajectoriesthatgofurthesttowardsreducingclimatechange.EU Latin Americanrelationsare moreinstitutionalisedthanSinoLatin American relations.ThemaindifficultycharacterisingEULatin Americanrelationsat presentistheEUsprioritisationofEasternEuropeandAsiaPacificcountries. ChinaisheavilyinvolvedinSouthern markets , butneedstomoveforward. AlthoughLatinAmericaisnotamajorimportmarketforChineseenergy , itwill haveasignificantroletoplayinthediversificationofChinasenergyimports. Chineseinvestmentsintheenergysectorwillalsohelptoalleviatetheshortage offinancialresourcesintheregion , andLatin Americanenergycooperation wouldbemutuallybeneficial.LatinAmericancountrieshavethewherewithalin terms ofenergy , resources and biologicaldiversity to makethe region independentinitsexternalinteractions , as wellasto overcomeitscurrent
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China, the EU and Latin America : current issues and future cooperation
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