Growing Collaboration in Sustainability Between China and Norway

The collaboration between China and Norway in the green transition presents substantial opportunities in sectors such as clean energy, environmental protection, and the advancement of green industries. This partnership aims to foster global growth while jointly addressing the challenges of climate change.

Growing Collaboration in Sustainability Between China and Norway
Editor's note: Guo Bowei is an associate professor at the School of Applied Economics at Renmin University of China. Jin Ye is a graduate student at the School of Applied Economics at Renmin University of China. The article reflects the authors' opinions and not necessarily the views of CN.

As the 70th anniversary of China and Norway's diplomatic ties approaches in 2024, it marks a pivotal moment to strengthen their collaboration, especially in the context of global efforts towards sustainability and combating climate change. This piece delves into the potential for enhanced partnerships between the two nations in sectors like renewable energy, ecological conservation, and the green economy for mutual and global benefits.

Historically, environmental and climate cooperation have been cornerstones of the relationship between China and Norway, highlighting their mutual dedication to sustainable practices and climate stewardship. A notable agreement between the countries was established in 1995, under which they have cooperated on various environmental initiatives, including biodiversity and chemical safety. Norway has been instrumental in assisting China with the development of its national carbon trading scheme, a key element in achieving the objectives of the Paris Agreement. Furthermore, Norway has supported the China Council for International Cooperation on Environment and Development financially and technically, with significant contributions from Norwegian experts like former Climate Minister Vidar Helgesen and Jan Gunnar Winther, previously at the Norwegian Polar Institute.

Such collaborations are beneficial not just bilaterally but also contribute to the worldwide green economy by utilizing each country's strengths. With Norway as a leader in green technology, and China possessing the largest market for clean energy, significant strides have been made in renewable energy reforms, ecological initiatives, and green financing within China. The country’s ambitions to peak carbon emissions by 2030 and achieve carbon neutrality by 2060 further highlight the expansive opportunities for collaboration with Norway, with immense potential for economic gains on both sides.

Specifically, Norway's advancements in hydrogen energy and offshore wind technology are highly relevant to China’s market needs. The alignment of China’s market demands and policy support creates an advantageous scenario for Norwegian enterprises. Business relations, like the partnerships between China Power International Holding and Equinor, as well as Equinor and CIMC Raffles, demonstrate the proactive steps being taken towards bilateral green projects.

Conversely, China's progress in electric vehicles (EVs) has positioned Norway as a strategic gateway for Chinese manufacturers into the European market. With Norway leading in EV adoption and poised to eliminate fossil fuel-powered vehicles by 2025, Chinese car makers have effectively used the country as a launching pad into Europe. The success of brands like SAIC and XPeng in Norway exemplifies this trend, with significant market penetration achieved by 2023.

Moving forward, China and Norway can further solidify their partnership through continuous policy dialogue and technology exchange, establishing a robust model of green development that could serve as a blueprint for cooperation with other nations. This partnership not only embodies a significant portion of China-Europe climate relations but also opens up avenues for advanced collaboration under initiatives like the European Union’s Green Deal, which shares objectives with China’s environmental ambitions.

In summary, the ongoing engagement in clean energy, environmental safeguarding, and sustainable industrial growth sets the stage for a fruitful future between China and Norway, fostering economic prosperity and supporting the global shift towards greater environmental sustainability.

Mathilde Moreau for TROIB News