China and Brazil pledge emissions cuts and partnership on renewable energy at 2024 G20 summit.

The 2024 G20 summit in Brazil highlights China and Brazil's leadership in combating climate change. Both countries have pledged to reduce emissions, with China aiming for carbon neutrality by 2060 and Brazil to halt deforestation by 2030. Their partnership combines China's renewable energy investment and technology with Brazil's natural resources, focusing on joint ventures in renewable energy, energy storage, and electric vehicles. This collaboration aims to address global decarbonization challenges and advocate for reforms in multilateral development banks to aid developing economies in achieving net-zero emissions.

November 25, 2024
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