Several Chinese departments including the National Development and Reform Commission recently issued a work plan for improving the statistical and accounting system for carbon emission, highlighting the establishment of a sound carbon footprint management system.
As an important concept in evaluating low carbon, carbon footprint is used to identify and evaluate the greenhouse gas emissions of products.
The work plan mentioned that national standards such as the general requirements for product carbon footprint quantification should be formulated and issued, and the application of green electricity certificates should be strengthened in the carbon footprint accounting system of key products.
The work plan also includes carrying out pilot projects for labeling and certification of product carbon footprint, and the establishment of internationally influential accounting, evaluation and certification agencies for product carbon footprint.
Relevant departments proposed goals that by 2025, the national and provincial carbon emissions annual reporting and bulletin systems will be established, a set of accounting standards of carbon emissions and product carbon footprint for industries and enterprises will be released and implemented, and the construction of a product carbon footprint management system will make positive progress.
China has announced that it will peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.
China to enhance statistical accounting system for carbon emission
Some Brazilians praise the BRICS for its positive impact on fostering development and prosperity among its member countries during an interview with China Global Television Network (CGTN).
The 16th BRICS Summit, held Tuesday to Thursday in Kazan, Russia, is the first summit since the expansion of BRICS in early 2024.
As an important member of BRICS, Brazil possesses abundant natural resources and substantial market potential, making it one of the largest economies in Latin America.
Talking about the impact of the BRICS cooperation mechanism on Brazil, Brazilian film producer Roberta Guedes said the mechanism is attractive because it helps emerging economies strive to reach the level of major powers, laying a foundation for social and economic development.
"It is appealing because it assists emerging economies in striving to reach the level of major powers. Therefore, conservation, the agricultural sector, exports, imports, and technology exchange through BRICS are highly beneficial for Brazil," said Guedes.
Luiz Paulo Neto, a Brazilian psychoanalyst, said that "This enables us to be a part of a more powerful bloc."
The 16th BRICS Summit has drawn global attention and is believed to bring new economic and trade cooperation opportunities between China and other BRICS nations.
China's foreign trade with other BRICS member countries reached 4.62 trillion yuan (648 billion U.S. dollars) in the first nine months of 2024, a year-on-year increase of 5.1 percent, customs data showed.
Some people in Brazil are looking forward to the strengthening of bilateral trade between China and Brazil within the BRICS framework.
"China is Brazil's primary trading partner. China is a strong economy, having risen to become the world's second-largest economy over the past 30 years. This presents a beneficial business opportunity for both sides," said Sergio Farias, a writer.
"There is already a history of cooperation between Brazil and China in technology and investment. Brazil has consistently supported China, acknowledging it as one of the major global powers. I believe that through BRICS, this partnership will further strengthen," said Roberta Guedes.
Regarding future cooperation among BRICS countries, writer Sergio Farias said as BRICS gradually establishes itself as a powerful economic bloc, the economies of its member countries will continue to rise.
"So I believe there is a tendency, a perspective, that as BRICS establishes itself as a powerful economic bloc – constantly growing – because of the economies that are part of BRICS are economies that are very much on the rise," said Farias.
Meanwhile, Guedes is optimistic about tackling climate issues through cooperation within the BRICS framework.
"My expectation in this regard pertains to climate. It should be the primary topic of discussion both socially and economically, and I hold this expectation that through BRICS, it will evolve, grow, and develop," said Guedes.
BRICS brings about development and prosperity: Brazilians
