Jacob Lensing-Sharp
Manager, Business Advisory Services
US-China Business Council
Manager, Business Advisory Services
US-China Business Council
Jacob Lensing-Sharp is a business advisory services manager at the USCBC Shanghai Office. Prior to joining USCBC, he was a global risk analyst covering Northeast Asia at Control Risks. Previously, he taught English in Anhui province. Jake holds a master’s degree in foreign service from Georgetown University and a bachelor’s degree in international affairs and political science from Northeastern University. While at Georgetown, he helped found the School of Foreign Service Committee on China. He is originally from Middletown, Connecticut, and is proficient in Mandarin. Outside of work, Jake loves to cook, ride his bike, and play video games with friends.
Nearly 200 countries convened in Baku, Azerbaijan, last month for the 29th UN Climate Change Conference (COP29). Delegates achieved the top priority of this year’s conference, to triple the annual climate finance developed countries provide to developing countries.
China released a rapid-fire burst of climate policies in the first half of August to accelerate progress on the country’s goal to reach peak carbon by 2030. The policy rollout comes after the official readout of the Third Plenum called for a concerted effort to cut emissions, the first time carbon emissions were mentioned in a plenum document.
With carbon capture, utilization, and storage (CCUS) and methane emerging as the two main areas of consensus on climate cooperation between the United States and China, both areas present opportunities for companies operating in these fields. Climate envoys John Podesta and Liu Zhenmin focused on these two areas during a meeting in Washington, DC, in early May.