LONDON: China is "wonderful and ‘Brilliant" on its carbon emission commitments and the City of London looks forward to continuing strong relationship and strengthening green collaboration with Chinese partners, said William Russell, lord mayor of the City of London. "It's very important to strengthen the collaboration between the two sides," the mayor told Xinhua in a recent interview. "One of the areas that we're very keen to strengthen is around green finance."

Russell, currently serving as the co-chair for the UK-China Green Finance Taskforce alongside Dr. Ma Jun, chairman of the China Green Finance Committee, told Xinhua that both sides have had lots of virtual meetings recently in the run-up to the 2021 United Nations Climate Change Conference (COP26) to be held in Glasgow, Britain in November.

The COP26 is "one of the biggest events for the UK and the world... I fear that climate change will be a lot worse unless we address it very quickly," he said.

Talking about the collaboration with Chinese partners in green finance, Russell said: "I think China has made great progress, and it's moving very fast, and we will continue to work with China to help with that progress." "We're learning from each other and working together with each other," he added.

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