China speeds up top-level design for carbon-neutral push - Macro Economic News - english

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China speeds up top-level design for carbon-neutral push

Date: 2021-05-19 13:18:52

China is accelerating the formulation of the top-level design and industry-specific policies to further clarify its roadmap towards carbon neutrality, the country's economic planner said Tuesday.

The country is drawing up an action plan to peak carbon emissions by 2030 while working on specific plans for various industries and sectors including power, steel, petrochemical and transportation, said Jin Xiandong, spokesperson for the National Development and Reform Commission.

Plans to develop low-carbon technologies and build up China's carbon sink capacity are also under study, Jin added.

China previously announced that it would strive to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

Moving forward, the country will promote its social and economic development on the basis of higher resource efficiency and push the green transformation of production and lifestyle, Jin said. Enditem


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