Published by Global Banking & Finance Review®
Posted on October 14, 2025
1 min readLast updated: January 21, 2026
China and Iceland are enhancing cooperation on geothermal energy to reduce emissions and promote green jobs, following a meeting between their leaders.
BEIJING (Reuters) -China and Iceland will enhance intergovernmental and industry-level cooperation on geothermal and green energy, according to a joint statement released by Chinese state media on Tuesday.
Both sides will work to reduce greenhouse gas emissions, promote energy transformation, and create green jobs and business opportunities, according to the statement issued by China's national broadcaster CCTV.
The document was released following a meeting between Chinese President Xi Jinping and Iceland's President Halla Tomasdottir in Beijing.
(Reporting by Xiuhao Chen and Ryan Woo; Editing by Tom Hogue)
Geothermal energy is heat derived from the Earth's internal heat sources. It can be used for electricity generation and direct heating applications, making it a sustainable and renewable energy source.
Green jobs are positions that contribute to preserving or restoring the environment. They can be found in sectors such as renewable energy, energy efficiency, and sustainable agriculture.
Energy transformation refers to the process of changing energy from one form to another, such as converting geothermal energy into electricity or heat, which can then be used for various applications.
Greenhouse gas emissions are gases released into the atmosphere that trap heat, contributing to global warming. Major sources include fossil fuel combustion, deforestation, and industrial processes.
Sustainability is the practice of meeting current needs without compromising the ability of future generations to meet theirs. It encompasses environmental, social, and economic dimensions.
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