China and the U.S. Narrow Climate Differences Amid Friction

China and the U.S. have made progress in bridging their differences on climate finance during recent talks in Beijing, according to U.S. climate envoy John Podesta. Despite ongoing bilateral tensions, both nations have held productive discussions on upcoming COP29 climate talks and setting ambitious 2035 climate targets.

During recent talks in Beijing, the United States and China have progressed in narrowing differences on climate finance, according to U.S. climate envoy John Podesta.

Podesta emphasized that despite ongoing tensions, the two countries can still find common ground for the betterment of their people and the climate. His discussions with Chinese counterpart Liu Zhenmin and Foreign Minister Wang Yi highlighted the importance of cooperation between the world's top emitters, noting past contributions to global agreements like the Paris Accord.

The talks, which also covered the upcoming COP29 climate conference in Baku and ambitious 2035 climate targets, come amid uncertainties tied to the U.S. presidential election. Both nations are also planning a bilateral summit on reducing non-CO2 greenhouse gases such as methane.

(With inputs from agencies.)