Speaking to government representatives and climate experts in Beijing, he emphasized that China and the United States are responsible for the largest emissions of greenhouse gases and overinvestment in renewable energies. In this way, we have a shared responsibility and ability to move forward. Yellen emphasized that it is critical that Washington and Beijing continue to work together to finance climate-friendly investments.
The Chinese government suspended talks with the United States on climate policy after then-US Speaker Pelosi visited Taiwan last year. Yellen is in China for a total of four days. The visit is aimed at improving bilateral relations. White House climate commissioner Kerry will travel to China soon, according to a US government official.
This news was broadcast on Deutschlandfunk on July 8, 2023.
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