Meanwhile, the Action Plan provides an extensive overview of the areas of China’s economy that will gradually be reduced or shifted to sustainable energy and methods, in order to slow the growth of high-carbon industries and areas of the economy. The Working Guidance offers an overview of China’s overall plan for reaching both the 2030 and the 2060 goals. The Action Plan is the first “N” document to be released. The “1” part of the policy framework refers to the Working Guidance, which acts as the country’s overarching guiding principles for reaching its climate goals, while the “N” stands for an unspecified number of auxiliary policy documents targeting specific industries, fields, and goals. The two documents, titled the Working Guidance for Carbon Dioxide Peaking and Carbon Neutrality in Full and Faithful Implementation of the New Development Philosophy (“Working Guidance”) and the Action Plan for Reaching Carbon Dioxide Peak Before 2030 (“Action Plan”) also form the basis of China’s climate policy framework for reaching its carbon reduction targets, known as the “1+N” policy framework. In the run-up to the COP26 summit in early November 2021, China released two key policy documents, further cementing its decarbonization commitments. In a video address to the UN General Assembly on September 21, 2020, President Xi Jinping announced that China would strive to reach peak carbon emissions by 2030 and carbon neutrality by 2060, setting in motion a new effort for the transition to a green economy. The pledge: China’s decarbonization commitments and climate policy framework Finally, we discuss why China is still increasing coal production despite the looming carbon peak deadline. In this article, we provide an overview of China’s climate plans and commitments and look at how far the country has come in decarbonizing its economy. Moreover, the country is facing new challenges as tension grows between the dual commitments of meeting its climate targets and ensuring energy stability. Reaching these goals will require a huge level of investment and commitment for a country that is still heavily reliant on fossil fuels, and which is still expanding its overall energy output and consumption every year. We discuss how far China has come on its road toward decarbonization and the challenges it still faces.Ĭhina is steaming ahead with plans to expand renewable energy capacity in the coming decade in an ambitious effort to meet its core climate pledges – reaching peak carbon by 2030 and carbon neutrality in 2060. At the same time, the country’s growing energy demand puts it at odds with these commitments as the country continues to increase the output of coal to a stable power supply. As part of its decarbonization plan, China has announced several major renewable energy projects and is set to become the leader in renewable and clean energy by the end of the decade. To achieve these goals, policymakers have created an overarching policy framework to guide China’s energy transition. China has set two major carbon emissions targets, the first of which is due to be reached in 2030.
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