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For that to materialise, investors will have to conclude that low-carbon developments offer stable returns.
A more coherent view is that it should be money used to cover the "incremental costs" of low-carbon developments.
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The protocol also left room for developed countries to achieve some of those reductions by paying to support low-carbon development in developing countries.
In this context, the SD model developed explored low-carbon development (LCD) pathways - with electricity at the heart of the trajectory.
Davey said the move, which is in conjunction with the US and several other European countries, would help to cut greenhouse gas emissions in developing countries and encourage low-carbon development.
"We need to seize opportunities presented by the new round of change in energy mix and the revolution in energy technologies to develop global energy interconnection and achieve green and low-carbon development," Xi said Sunday.
"Harvard-Tsinghua Workshop on Low-Carbon Development and Public Policy". September 2018.
Moving too quickly will actually hold back low-carbon development.
The need for low-carbon development is accepted and will shape the new leadership's strategy to rebalance the economy.
Expect debates around the environmental impact of a rising population, globalisation, urbanisation, overconsumption and low-carbon development.
Ratifying the agreement would "further advance China's green, low-carbon development and safeguard environmental security", it said.
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