US, China Agree on Climate Change Mitigation Actions

The US and China agreed to five new action initiatives to reduce greenhouse gas (GHG) emissions and air pollution, focusing on: emission reductions from heavy-duty and other vehicles; smart grids; carbon capture, utilization and storage (CCUS); the collection and management of GHG emissions data; and energy efficiency in buildings and industry.

ADB Finances "Green" Buses in People's Republic of China

The ADB project is supporting the expansion of “green” bus services in the People’s Republic of China, an initiative that will benefit low-income commuters, improve air quality and reduce GHG emissions. The initiative is in line with the $175 billion commitment made at the June 2012 UN Conference on Sustainable Development (UNCSD, or Rio+20) by multilateral development banks to improve transport in developing countries between 2012 and 2022.