US and China ratify Paris Climate deal

China and the United States ratified the Paris agreement to cut climate-warming emissions on Saturday, marking a major step toward the enactment of the pact as early as the end of the year and setting the stage for other countries to follow suit.

The world’s two biggest emitters of greenhouse gases made the landmark announcement as heads of state from the Group of 20 biggest economies, or G20, arrived for a summit in the city of Hangzhou, parts of which resembled a ghost town as Chinese security locked down the area.

Chinese President Xi Jinping (C), UN Secretary General Ban Ki-moon and U.S. President Barack Obama (R) shake hands during a joint ratification of the Paris climate change agreement ceremony ahead of the G20 Summit at the West Lake State Guest House in Hangzhou, China, September 3, 2016. REUTERS/How Hwee Young/Pool
Chinese President Xi Jinping (C), UN Secretary General Ban Ki-moon and U.S. President Barack Obama (R) shake hands during a joint ratification of the Paris climate change agreement (Photo: REUTERS) 

U.S. President Barack Obama’s last scheduled trip to Asia before leaving office however got off to an awkward start. Soon after Air Force One landed, a Chinese security official blocked National Security Adviser Susan Rice on the tarmac, speaking angrily to her before a Secret Service agent stepped between the two.

China has gone to great lengths to try to make the Sept 4-5 G20 summit a success, hoping to cement its standing as a global power, but a range of thorny diplomatic topics could overshadow the agenda.

G20 leaders are likely to renew their promises to use tax and spending policies to invigorate the sluggish world economy, although a new pro-growth push was unlikely.

Overcapacity in the global steel industry, a sore point for China as the world’s largest producer of the metal, barriers to foreign investment and the risk of currency devaluations to protect export markets will also figure in the discussions.

Beyond economics, there may be friction over territorial disputes in the South China Sea and a U.S.-South Korea decision to deploy a missile defense system in South Korea to counter missile and nuclear threats from North Korea.

When Obama met Chinese President Xi Jinping, he told him they would have candid talks on cyber, human rights and maritime issues.

Nevertheless, the climate deal set a positive tone.

“Just as I believe the Paris agreement will ultimately prove to be a turning point for our planet, I believe that history will judge today’s efforts as pivotal,” Obama said after he and Xi handed ratified documents to UN Secretary-General Ban Ki-moon.

“We have a saying in America that you need to put your money where your mouth is. And when it comes to combating climate change, that’s what we’re doing. Both the United States and China, we’re leading by example.”

Chinese President Xi Jinping and U.S. President Barack Obama shake hands during their meeting at the West Lake State Guest House in Hangzhou, China September 3, 2016. REUTERS/Wang Zhao/Pool
Chinese President Xi Jinping and U.S. President Barack Obama shake hands during their meeting at the West Lake State Guest House in Hangzhou, China. (Photo: REUTERS)

At a joint ceremony, Xi said it “speaks to the shared ambition and resolve of China and the United States in addressing global issues”.

French President Francois Hollande said it was an important step that would pave the way for the implementation of the Paris agreement at the end of the year.

The stakes are high for China to pull off a trouble-free G20 summit, its highest profile event of the year, and security in Hangzhou was intense.

Volunteer security agents prevented journalists from filming in deserted parts of the normally bustling city of 9 million people. Residents left in droves after authorities declared a week-long holiday for the summit, shut down the city’s famous West Lake beauty spot and offered free travel vouchers worth up to 10 billion yuan ($1.5 billion) to encourage people to visit out-of-town attractions.

More than 200 steel mills in surrounding districts were shut as part of a bid to limit pollution.

With the summit wedged in between the Brexit vote and the U.S. presidential election, G20 leaders will be keen to mount a defence of free trade and globalization.

Source: REUTERS

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