The year ahead in 2026 is an important period for China’s climate policy, amid hints that its emissions could peak and as the government publishes targets for the next five years.
Analysis for Carbon Brief shows the country’s emissions have been “flat or falling” for more than 18 months, but the timing of a peak remains uncertain.
In March 2026, the government is expected to publish a series of energy and climate targets for 2030 as part of its 15th five-year plan.
These targets could boost – or moderate – the pace of its energy transition.
A number of policy mechanisms that are already due to fully come into effect this year – such as non-binding total emissions targets and the expansion of carbon market coverage to more sectors – could also help decarbonise the country’s economy.
Meanwhile, the rise in extreme weather events intensified by human-caused climate change makes adaptation as important as ever, while also adding to the challenge of advancing clean energy.
Finally, as the US turns even further away from climate action and towards fossil-fuel expansion in 2026 – notably with Venezuelan oil – China’s climate diplomacy could send a strong signal for sustained global climate action.
Carbon Brief asked 11 leading experts on China what energy and climate developments they are watching for in 2026. Their responses have been edited for length and clarity.
Director of the China Climate Hub, Asia Society Policy Institute
After decades of the rapid growth that made China the world’s largest greenhouse gas emitter, independent analyses suggest China’s CO2 emissions may have plateaued or even begun to decline in 2025.
Strong growth in renewable power has, for the first time outside economic contraction, outpaced rising electricity demand, pushing power-sector emissions down and contributing to an overall modest drop in total carbon dioxide (CO2) emissions. This latest trend was picked up by China’s National Development and Reform Commission (NDRC), as something that should continue over the next five years, marking an official nod to a peak in energy-related CO2 emissions years ahead of the 2030 timeline Beijing previously set.
The transition from emissions growth to stabilisation and early decline will be the key watch point for 2026 and will be shaped by the forthcoming 15th five-year plan. [This plan will set key economic goals, including energy and climate targets, for 2030.] Early policy signals suggest that the plan will introduce more explicit controls on total emissions alongside China’s traditional reliance on intensity-based targets.
However, the precise timing, scale and enforceability of these absolute emissions control measures remain under active debate. Chinese experts broadly agree that if the 2021-2025 period was characterised by continued emissions growth, and 2031-2035 is expected to deliver a clear decline, then 2026-2030 will serve as a critical “bridge” between the two.
The central questions are what this transitional period will look like in practice, how it will lay the groundwork for a sustained and timely emissions decline and whether meaningful reductions can be achieved before the end of the decade.
China team lead and researcher, Centre for Research on Energy and Clean Air
In 2026, I’ll be closely watching whether China moves beyond high-level industrial decarbonisation targets and begins to address the domestic, structural constraints that have slowed progress so far.
In heavy industry, particularly steel, the main barriers are not technological readiness, but persistent blast furnace overcapacity and the lack of clear economic incentives for low-carbon production pathways, which continue to lock in emissions-intensive assets.
Against this backdrop, carbon-related trade measures, such as the EU’s carbon border adjustment mechanism (CBAM), will make 2026 an important test of how China balances export competitiveness with climate commitments. In addition, we will see whether growing international scrutiny accelerates more substantive demand-side and policy reform in industry, rather than prolonging a reliance on incremental efficiency gains.
Director and co-founder, Institute for Global Decarbonization Progress
Of course, I’ll be tracking all the critical energy and climate targets under the 15th five-year plan.
More importantly, I’m watching whether a coherent package of measures can truly take hold to unlock green electricity on the demand side – not just expand renewable capacity – and translate policy intent into a genuine market pull for renewable electricity, especially from the manufacturing sector.
Given the challenge of balancing rapidly growing electricity demand with the pace of grid decarbonisation, progress on this front will be decisive for the long-term trajectory of emissions.
I’m also watching how provincial and municipal governments translate the dual-carbon goals into concrete targets and sectoral implementation. Subnational action – through overarching dual-carbon plans and sector-specific measures – will be fundamental to achieving national objectives. It will be critical to ensure that the subnational momentum around zero-emission industrial parks and clean-tech manufacturing competition results in measurable, additional emissions reductions.
Energy Analyst for Asia, Ember
2026 marks the first year of China’s 15th five-year plan, the planning cycle that ends with China’s target year of 2030 for carbon peaking. China’s fossil-fuel use in power generation is seeing an early sign of peaking and the upcoming years will be crucial in driving the plateau into an absolute decline.
As renewables expand, system flexibility and stability will increasingly become the priorities. By 2027, China aims to retrofit its existing coal-power fleet “as much as possible” and deploy more than 180 gigawatts (GW) of battery energy storage. Development in coal retrofit and further policies to support battery development will both be important to watch in 2026.
On the other hand, maximising flexibility potential will rely on continued reforms in the power market and system operations, following the milestone year of 2025, which saw substantial policy development in China’s ambition to establish a unified national power market.
Principal analyst, ClearBlue Markets
In 2026, I am monitoring three pivotal developments in China.
First, the 15th five-year plan inaugurates the “dual control of carbon” system. This year marks the first time industries and local governments face binding caps on total emissions, not just intensity. Watching how these national constraints cascade down to the local level will be critical.
Second, the national carbon market is aggressively tightening. With the inclusion of steel, cement and aluminum this year, regulators are executing a “market reset” – de-weighting older [emissions] allowances and enforcing stricter benchmarks to bolster prices ahead of the EU CBAM’s full rollout.
Finally, expect a surge in zero-carbon industrial parks. Following the NDRC’s announcement of 52 pilot sites, new guidelines now mandate 60% on-site renewable consumption. These “green microgrids” are becoming the primary vehicle for reducing grid reliance and certifying low-carbon exports.
Senior China counsel, Institute for Governance and Sustainable Development
2026 marks China’s first year of advancing a comprehensive shift from “dual control” of energy consumption to “dual control” of carbon emissions. At the policy level, it will be essential to track how this transition strengthens the governance architecture for controlling non-CO2 greenhouse gases (GHGs), particularly methane.
Key developments to watch for may include efforts to strengthen measurement, monitoring, reporting and verification (MRV) systems that enable facility- and company-level accountability.
It will also be essential to monitor progress on the voluntary GHG emission trading scheme, and the extent to which methane and other non-CO2 GHG controls are embedded in broader policy frameworks, including the environmental impact assessment system.
Finally, it will be critical to understand how non-CO2 GHG data collection and management requirements are incorporated into industry policy developments, including those addressing supply chains and product carbon-footprint initiatives.
Managing director, Sino Auto Insights
China’s electric vehicle (EV) industry has been the primary force pushing the global passenger vehicle market toward clean energy. Its domestic market has already crossed a more than 50% new-energy vehicle (NEV) retail take rate, while exports surged 86% year-on-year to around 2.4m units [in 2025]. That momentum should continue – especially as US legacy automakers pull back from EV investment in 2026.
As China’s domestic demand cools this year, export pressure will intensify. But a growing headwind has emerged: tariffs. Mexico, Brazil, Europe and the US are just a few of the countries raising barriers, complicating the next phase of global NEV expansion.
At the same time, 2026 looks like a prove-it year for next-generation battery technologies. Longer life, lower volatility and new chemistries could unlock more range, broader use cases and wider adoption – including in tougher markets like the US.
One new wildcard: the US now effectively controls Venezuelan oil. If that meaningfully impacts global oil prices, it could either slow – or unexpectedly accelerate – the shift toward clean-energy vehicles.
Climate and energy program manager, Greenovation Hub
In 2026, a key focus will be how China translates its 2035 “climate-adaptive society” goal into inclusive action. Finance for adaptation is a critical enabler, requiring both policy guidance and scalable financing models. As climate risks increase, financing resilience in sectors such as energy, transportation, infrastructure and public health is paramount. While China’s green finance taxonomy already includes some climate-adaptive activities, clear labeling and expanded coverage are important next steps.
Additionally, the global goal on adaptation (GGA) indicators can help measure project impact and inform policy. We have observed good practices already in motion, such as integrating meteorological technology with finance to enhance agricultural resilience.
Looking forward, expanding these innovative models to other sectors and regions is a key step, as these pilots can enhance policymaking and be replicated. In this process, identifying and managing risks for vulnerable groups, such as women and children, in public health and education is essential for an inclusive transition.
Practice professor of political science and director of China Programs and Strategic Initiatives, University of Pennsylvania
First and foremost, I’ll be looking for details on climate and energy targets in China’s next five-year plan cycle, which we expect to be approved as usual in March. This will essentially operationalise China’s recent nationally determined contribution and its longstanding commitment to peak emissions before 2030.
It will also give us a sign of the tempo we can expect for non-fossil energy capacity growth and whether China will be aiming for the high end of its stated emissions-reduction range. One area I’m especially focused on is the promised expansion of China’s emissions trading system.
Second, given my particular interest in and focus on geopolitics, I’m looking for signs of how the geopolitical disruption we’ve seen in Venezuela, Iran and other regions might affect China’s energy policy – in particular, in terms of long-term contracts for liquified natural gas.
Finally, I’m looking for signs of changes to China’s climate diplomacy following the US withdrawal from both the Paris Agreement and United Nations Framework Convention on Climate Change. This leaves a big hole in global climate governance and many countries will be looking increasingly to China for leadership – and funding – in this area.
Senior policy advisor for industry and trade, ECCO
China’s solar manufacturing overcapacity is prompting Beijing’s first serious consolidation efforts. The government is introducing stricter licensing requirements and tighter energy-consumption caps for polysilicon facilities, while export-tax rebates for solar products will be abolished.
At the same time, China’s offshore wind technology is advancing rapidly. In early 2026, China installed the world’s first 20 megawatt (MW) offshore wind turbine and plans mass production of 50MW dual-rotor designs, with deployment expected from 2027-2028. MingYang’s £1.5bn announced investment in Scotland signals that Chinese wind companies are pursuing entry into European markets through local production, mirroring strategies adopted by battery manufacturers.
Together, these dynamics suggest that the next phase of cleantech competition will be shaped less by trade defense alone and more by the interaction between Chinese supply-side reforms and global market-absorption capacity.
Meanwhile, following a first wave of rare-earth restrictions in April 2025, Beijing announced controls in October that extended licensing requirements to additional rare earths and introduced unprecedented extraterritorial provisions. While China suspended the October controls for one year, the April controls on seven heavy rare earths remain fully operational.
This creates persistent procurement risk for European cleantech supply chains reliant on Chinese-processed rare earths, although China has begun issuing general export licenses, providing some operational predictability.
Senior lecturer in international development, University of Bath
The biggest question is obviously the emission peak, because it’s essential to confirm if China’s carbon and greenhouse gas emissions are actually flattening or even falling. I really hope China has already reached its peak and the net-zero transition is underway.
Another important area is the evolution of China’s cleantech industries, which have become a new pillar of the country’s economy in recent years. In 2026, it is critical to see if this momentum can be sustained in China.
Given fierce competition and the gradual saturation of the domestic market, I’m also watching how Chinese cleantech companies expand their global footprint through investments in overseas manufacturing, especially as a growing number of countries want Chinese investors to create more “green jobs” and transfer cutting-edge technologies.
The post Experts: What to expect from China on energy and climate action in 2026 appeared first on Carbon Brief.
Experts: What to expect from China on energy and climate action in 2026
Climate Change
As fires burn and temperatures soar, it’s time to imagine a world beyond GDP
Steven Stone is acting director of the United Nations Environment Programme’s Office of Science
In 1934, American economist Simon Kuznets presented a paper to Congress advocating for a new way of measuring economic performance.
The United States was reeling from the Great Depression, and Kuznets – a future Novel prize winner – wanted to gauge just how badly the country’s economy had been dented.
His metric, which would come to be known as gross domestic product (GDP), was a breakthrough. But as pioneering as it was, Kuznets saw its limitations.
“The welfare of a nation can scarcely be inferred from a measure of national income,” he wrote in the 1934 paper.
Some nine decades on, we have largely forgotten that message. GDP has become a barometer of economic progress, a kind of one-number-that-rules-them-all upon which national policies turn and governments rise and fall.
With the climate crisis deepening by the day – as evidenced by the heatwaves and wildfires now searing Europe – our attachment to GDP is looking like a problem.
In a single-minded pursuit of GDP growth, humanity is inadvertently feeding several environmental crises that, over the long run, threaten to make most of us poorer, sicker and more miserable. Climate change alone could slice 20 per cent off global GDP by 2100 – a staggering number.
Clear-cutting boosts GDP not wealth
We need to broaden our vision and definition of economic success before it’s too late.
I grew up in the 1970s and 80s surrounded by the mixed hardwood forests of the northeastern United States. For me, the trees were a refuge, a place to run, discover and savor the history and mystery of the land and its people.
Those experiences with my friends were more important than the amount of money in my pocket. And they led to a realization early on in my career as an economist: that wealth is about more than just income.
This is one of GDP’s most significant oversights.
With every forest we clear cut and every ounce of fossil fuel we burn, GDP rises. But through those actions, we are whittling away at the natural world, which supplies us with food, water, medicine, clean air and countless other essentials.
By focusing only on GDP, we’re ignoring what’s happening to the natural assets on which our prosperity ultimately depends. It’s like we’re driving a car and only looking at the speedometer, not the energy remaining in the battery.
That is the difference between measuring income versus measuring wealth.
The answer to this dilemma lies in looking beyond GDP. We must start considering a broader range of indicators when making policy decisions.
From an environmental perspective, that means measuring and valuing natural assets like forests, water, soil, biodiversity and clean air. By assigning a value to nature, decision-makers can better understand the economic consequences of, say, strip-mining a mountain top or letting plastic waste overwhelm a river.
There is still some debate over how exactly to do this kind of natural capital accounting. But that’s not a reason to dismiss it, as many have done. It took years of refinement to end up with the GDP formula we have today.
Costa Rica’s example
The idea of looking beyond GDP isn’t only a theoretical debate. Countries and communities around the world have started to make economic decisions based on their natural assets. A prime example is Costa Rica, a biodiversity hotspot where a years-long effort to conserve land and seascapes has led to a boom in tourism. That in part helped elevate the country into the club of high-income nations.
This kind of environmentally focused economic decision making can pay huge dividends. By stabilizing the climate, ending pollution and halting the loss of the natural world, humanity could save millions of lives a year and create US$20 trillion in economic benefits annually by 2070, found the Global Environment Outlook 7, a 2025 report from the United Nations Environment Programme (UNEP). The report was funded by the European Union among others.
I began my career as an economist before moving to UNEP, which focuses on solving the world’s thorniest environmental problems. During that time, I’ve come to appreciate that “wealth” means more than simply “income.” True prosperity means being able to provide for ourselves now and into the future. Anything short of that is an empty kind of affluence – and ultimately doomed to be short-lived.
As deadly heat blankets our cities, species slip into extinction and the planet struggles with rising toxicity and pollution, I am convinced that we can do better at measuring what matters. And that means updating and expanding how we measure economic progress.
The post As fires burn and temperatures soar, it’s time to imagine a world beyond GDP appeared first on Climate Home News.
As fires burn and temperatures soar, it’s time to imagine a world beyond GDP
Climate Change
When taps run dry in the Caribbean, it’s not enough to blame El Niño
Amira Odeh Quiñones is a hydrologist and Caribbean organiser for the 350.org climate campaign group
El Niño, likely to be one of the strongest in modern history, has arrived on Caribbean shores.
Drought is slowly creeping up on our islands. But unlike the fiery wildfires ravaging parts of Europe, there’s no smoke signalling the damage being done, no sirens to warn of the danger. Only announcements from public health officials to stay indoors and remain hydrated — as if outdoor workers and farming communities have the luxury to heed such advice.
During El Niño, strong atmospheric winds alter rain patterns and trap heat across the Caribbean. But while we have experienced El Niño many times before, it has become very visible in recent years how climate change is making this natural phenomenon worse.
Across the Greater Antilles, temperatures are soaring past 38°C (100°F), with real-feel indexes reaching a gruelling 43°C in parts of Puerto Rico where I live. Cuba has it worse. Widespread power outages mean that methods for cooling down are unavailable for most of the day, leaving millions of vulnerable people at risk of heat stroke when temperatures hit 38°C.
Santa Marta coalition tested as co-chair Colombia turns back to fossil fuels
During the last strong drought a decade ago, I had water only two days a week in my home. Today, there are many families whose taps are about to run completely dry. Water authorities have already begun strict rationing in some municipalities, with more on the list scheduled for rationing if conditions don’t change.
Water rationing is far more than an inconvenience; it is an immediate health risk. This means thousands of people need to constantly haul heavy buckets up flights of stairs just so they could bathe, cook, stay hydrated – the basics of survival.
Heat causes health problems
Puerto Rico is home to roughly 300,000 elderly residents. Many live alone, isolated and without support. They risk severe physical injury when carrying heavy water containers, and are wont to suffer from silent heat exhaustion in unventilated rooms.
Furthermore, when water shortages force residents to store water in open household containers, it inadvertently creates breeding grounds for Aedes aegypti mosquitoes. Paired with scorching temperatures that tend to shorten the mosquito breeding cycle, the region is facing explosive outbreaks of dengue fever that endanger our most vulnerable: children and the elderly.
The economic fallout is equally devastating. Dry fields mean millions of dollars in lost crops, forcing small agricultural businesses to collapse, needing urgent government relief to survive. Extreme fuel shortages have already paralyzed Cuba’s agricultural sector, cutting food output by 60% – the El Niño dry spell threatens to decimate it.
At sea, warmer ocean waters fuel massive influxes of sargassum seaweed. Rotting sargassum chokes our beaches, destroying the local tourism industry that so many working families rely on. Tangled seaweed also damages nets and boat engines, slashing fish catches and driving up equipment costs for local fishers.
In the south of Puerto Rico, the coastal town of La Parguera is currently witnessing a historic amount of sargassum on its shores. This has halted most of the boating activity in the area, which is the seaside town’s main tourist draw and economic driver.
All over the Caribbean, from town halls to local group gatherings, the story I hear is always the same: constant headaches, lost work hours, failing health, and a sense that quality of life is silently being stolen. The compounding effects of heatwaves, drought, and marine destruction are exhausting our people, our islands.
Climate change to blame
Climate change makes each El Niño year hotter and more damaging. Higher baseline global temperatures increase the energy and moisture available for extreme weather. Latest projections show that El Niño may push the monthly global average temperature past 2°C of warming for the first time in early 2027. In the Caribbean islands, that will not just be breaking records – it’ll be breaking lives.
Recently, I had the opportunity to share a panel with climate scientists behind what is known as the field of “attribution science” – or the science that compares today’s climate conditions to what the Earth’s climate would be like without human activity, particularly burning fossil fuels. They’re unequivocal: it’s no longer a question of whether extreme weather is caused by climate change, it’s just a question of how much.
Attribution science recently got a boost from the U.S.’ top scientific advisory body. The National Academies of Sciences, Engineering and Medicine recognized that researchers’ methods have advanced considerably in recent years, resulting in better assessments on how much extreme weather can be attributed to human-caused climate change. It noted that attribution findings could be relevant in some types of legal cases, including those seeking damages from oil companies for climate impacts.
This crisis, which is already taking a heavy toll on our communities’ survival, needs real, urgent, and structural action that goes beyond aid. With similar droughts now gripping parts of Asia and Africa, we’re falling into the familiar narrative of treating the looming humanitarian crisis as if no one was to blame, as if it is being caused solely by a natural phenomenon we can’t control.
It’s not. The world was already on fire before its regular visitor, El Niño, came. While we need humanitarian action, we need climate action too, in order to permanently put out the flames.
The post When taps run dry in the Caribbean, it’s not enough to blame El Niño appeared first on Climate Home News.
When taps run dry in the Caribbean, it’s not enough to blame El Niño
Climate Change
Q&A: What is in China’s new five-year plan for climate change?
China has released a five-year plan dedicated to addressing climate change.
The 15th five-year plan for a national response to climate change is the latest in a series to outline in-depth climate and energy targets for the 2026-2030 period.
These include five-year plans for “building a Beautiful China”, developing a “new-type energy system” and developing renewable energy.
There are also separate “action plans” for the 2026-2030 period, such as for peaking carbon emissions.
China has pledged to peak its emissions before 2030 and reach carbon neutrality before 2060.
The new plan does not include any major new targets, instead consolidating and reaffirming existing policies.
Nevertheless, it includes significant signals on key policy areas, such as non-carbon dioxide (CO2) greenhouse gases, global climate governance and carbon markets.
Below, Carbon Brief examines some of the notable elements in the latest five-year plan and what it reveals about China’s policy direction through to 2030.
What does the climate plan cover?
The Ministry of Ecology and Environment (MEE) released the plan in late July, in unison with 18 other government departments. These include the National Development and Reform Commission (NDRC), China’s top economic planning agency, and the National Energy Administration.
The document covers a range of topics, including CO2 emissions, other greenhouse gases (non-CO2 GHGs), carbon markets, carbon footprints, climate adaptation and international cooperation on climate change.
For the first time at the five-year plan level, the plan creates a comprehensive target system covering all areas of climate policy, say officials in a MEE Q&A.
They describe it as “the main policy instrument” for advancing China’s climate action during 2026-2030.
China rarely issues high-level multi-year policies dedicated to “responding to climate change”. In 2014, the NDRC published a plan on the topic running through to 2020, but this was not linked to a five-year plan period.
Qin Yan, principal analyst at ClearBlue Markets, tells Carbon Brief that the plan shows that China’s climate governance has reached “an unprecedented strategic level”.
She adds that the plan creates an “all-encompassing target system” to support China’s Paris Agreement climate pledges for 2030 and 2035.
In its 2030 pledge, China aimed to peak emissions “before 2030” and reduce carbon intensity – its emissions per unit of GDP – by more than 65% from 2005 levels.
Last year, president Xi Jinping personally announced China’s 2035 pledge to cut China’s greenhouse gas emissions to 7-10% below peak levels by 2035, while “striving to do better”.
The five-year plan marks a new phase in China’s climate policy, according to researchers at CIB Research, an economic research body affiliated with the Industrial Bank, whose largest shareholder is the Fujian provincial government.
Their analysis adds that the plan represents a broad effort to strengthen China’s climate-governance system, implementation mechanisms and underlying capacity.
Nevertheless, several headline targets and policies in the document simply reiterate already established plans.
These include:
- Cutting carbon intensity by 17% across the five years
- Reducing carbon intensity per product in industries under China’s carbon market by 3%
- Substituting fossil fuels with renewables
- Strengthening climate adaptation
- Supporting the “free flow” of cleantech
What does the plan say about non-CO2 GHGs?
The plan also goes into detail on China’s approach to non-CO2 GHGs. This includes reaffirming a target of an emissions “reduction capacity” from these gases totalling 30m tonnes of CO2 equivalent (MtCO2e) by 2030, although the baseline is unclear.
The target previously appeared in the overarching five-year plan, as well as the plan for building a “Beautiful China”.
The goal refers to emissions reductions, which can be realised through implementing current non-CO2 emissions reduction policies and projects, says Chen Meian, programme director and senior analyst at the Institute for Global Decarbonization Progress (iGDP).
She adds that it is “relatively achievable”, with sources including increasing the number of coal-mine methane utilisation projects.
She points to an MEE explanatory note for a draft methodology under the China Certified Emission Reduction (CCER) scheme, China’s voluntary carbon-credit market. Chen says the note suggests that projects using ventilation air methane and coal-mine methane with concentrations below 8% alone could deliver around 20MtCO2e of reduction by 2030.
The note states that, currently, such projects are estimated to be able to “generate annual emission reductions of approximately 4.5MtCO2e”.
In addition, Chen says, measures targeting industrial nitrous oxide (N2O) and hydrofluorocarbons (HFCs) could help make up the remainder needed to meet the target.
According to iGDP analysis of biennial reports submitted by China to the UNFCCC, China emitted around 14,000MtCO2e of GHGs in 2021, excluding land use, land-use change and forestry (LULUCF).
Non-CO2 GHGs accounted for around 2,700MtCO2e, or 19%, of the total, the majority of which was methane, as shown in the figure below.

China’s plans to curb these super-pollutants in the five-year period include coal-mine methane utilisation projects, end-of-pipe destruction technologies for HFCs and guidance on the use of catalysts to reduce N2O emissions.
The plan also calls for the recovery and replacement of sulphur hexafluoride (SF6) in power equipment.
For Chen, the plan’s focus on SF6 control is particularly noteworthy. She says the gas is “finally receiving policy attention” and that proactive action is “timely and will help avoid future emissions growth” as China’s power system expands.
What does the plan say about global climate governance?
One of the plan’s clearest objectives for international cooperation is for China to play a more active role in global climate governance.
By 2030, it says China should markedly increase its “influence, guiding power, shaping power and moral appeal” in this area.
It says China’s climate action could also feed into the Global Governance Initiative, a policy initiative aimed at reforming the global governance system.
China will also aim to “build a new narrative on climate governance”, it adds.
Prof Thomas Hale, a professor in public policy at the University of Oxford’s Blavatnik School of Government, writes on LinkedIn that the plan “marks a major rhetorical shift” towards China being increasingly willing to “lead and shape” global climate action.
Another clear focal point for international cooperation is in carbon markets.
The plan calls for China to expand the global influence of its carbon market, such as through international rule-setting, cooperation on standards and by hosting the China Carbon Market Conference.
Qin says China’s more active role in global carbon pricing is already evident in the launch of the open coalition on compliance carbon markets with the EU and Brazil. This coalition is expected to adopt a work plan at the China Carbon Market Conference in September.
Qin also notes that China “could become the world’s largest [carbon] offset buyer” as its energy transition progresses.
The country would, therefore, “benefit from helping shape global rules under the Article 6 framework [for carbon trading under the Paris Agreement]”, she adds.
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The post Q&A: What is in China’s new five-year plan for climate change? appeared first on Carbon Brief.
Q&A: What is in China’s new five-year plan for climate change?
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