According to Reuters, China would achieve a peak in carbon dioxide emissions before 2030 and carbon neutrality before 2060.

Although many analysts have predicted that China was already on track to achieve peak emissions by 2030, the formal announcement was welcomed by the European Union. The latter has been negotiating with China to set a target for carbon neutrality and to announce a peak date.

President Xi used the lectern to call for multilateral action on climate change after President Trump called the Paris climate agreement a one-sided deal and accused China for being the world’s largest source of carbon emissions.