New Delhi, Nov. 11 -- China and India will be major markets that will lower the price of energy transition globally because both countries have embraced this transition in a very clear way, COP30 President, Andre Correa do Lago said on Monday, the opening day of COP30.

Responding to a question on the role China is assuming in the climate talks during a press conference, Lago said: "In an extraordinary way because they (China) added the elements that I believe were missing. One of them is scale, the other is technology and the other is the fact that a developing country needs to bring solutions that are affordable to more people. So I don't need to say how important China has become for EVs, for solar panels, for wind, for batteries, but ...