Research reflects rising optimism about country’s green transition as it takes leading position on climate action
Nearly half of experts surveyed by a climate thinktank believe China’s carbon dioxide emissions have already peaked, or will do so in 2025, reflecting increasing optimism about the country’s green transition at a time when it is being called on to take a leading position on global climate action.
China’s official targets are to reach peak carbon emissions by 2030 and to achieve carbon neutrality by 2060. Beijing has also pledged to “strictly control” the use of coal during the 14th ”five-year plan”, which covers the period until the end of 2025.
Shi Xunpeng, one of the CREA report’s authors, said: “Clean energy industries have emerged as key drivers of economic growth. As China continues its transition, the benefits are becoming increasingly clear.”
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