The Chinese Ministry of Ecology and Environment issued a new report to review China’s policies and actions for addressing climate change . New report showed China’s new progress in coping with climate change and its contributions to promoting global climate goal.
The report said China firmly implemented a national strategy of actively responding to climate change and put in place a policy framework for carbon peak and carbon neutrality over the recent years. The country has made a series of new arrangements and taken more forceful measures and policies to advance relevant work in an orderly manner, according to the report.
China had fostered 430 specialized and sophisticated enterprises that produce new and unique products in the environmental protection and energy conservation sector. The output value of the sector exceeds 8 trillion yuan ($1.1 trillion), with an annual growth rate of over 10 percent.
Nearly 90 types of products have obtained “green” certificates, including construction materials, express delivery packages and electronic products.
Optimizing its energy structure, China has vigorously developed the non-fossil sector while enhancing the clean utilization of fossil energy.
As of the end of 2021, the country’s installed capacity of renewable energy totaled 1.06 billion kilowatts, accounting for 44.8 percent of the total installed power generation capacity. China ranked first in the world in terms of offshore wind power installed capacity.
At the same time, China continuously promotes the clean and efficient utilization of traditional energies. The county upgraded coal-fired power plants with a total capacity of nearly 900 million kilowatts to save energy and reduce carbon emissions.
Besides, it completed ultra-low emission transformation of coal-fired power generation units totaling 1.03 billion kilowatts, or 93 percent of the country’s total installed capacity of coal power generation. The world’s largest clean coal-fired power system has been built.
China also enhances the carbon sink capacity of its ecosystem. Last year, China nurtured 34.67 million mu (2.31 million hectares) of forests, restored 14 million mu of degraded forests, planted 54 million mu of trees, and treated 21.6 million mu of land of sandy and rocky desertification.
Besides, it added and restored 1.09 million mu of wetlands. The country has seen continuous improvement in its natural reserve system with national parks as the mainstay.
According to the report, China’s CO2 emission per unit of GDP in 2021 decreased by 3.8 percent from that in 2020 and 50.8 percent from 2005. Non-fossil energy accounted for 16.6 percent of primary energy consumption. There was a significant drop in coal consumption per unit of GDP.
The national carbon emissions trading market is a major institutional innovation for China to reach its “dual carbon” goals. The trading market was officially launched in July 2021.
By Oct. 21 this year, it has witnessed a cumulative trading volume of 196 million tons, with a cumulative turnover of 8.58 billion yuan. The market has been operating in an orderly and stable manner, and the trading price is steadily increasing.
Wang Zhixuan, a member of China’s National Expert Committee on Climate Change noted that enterprises have gained a significantly higher awareness of carbon assets, carbon reduction and achieving low-cost carbon emission through market means.
The carbon trading market has started to show its functions in promoting enterprises’ greenhouse gas emission reduction and accelerating low-carbon transition, he added.
China will keep implementing the national strategy of actively responding to climate change, take the synergy between pollution reduction and carbon emissions as leverage for promoting a comprehensive transition to green and low-carbon economic and social development, and enhance its efforts to address issues at the source through systematic and holistic approaches, said Li Gao, an official of the Department of Climate Change at the Ministry of Ecology and Environment.
Besides, the country will actively yet steadily advance its work related to carbon peak and neutrality, accelerate the low-carbon transition of key areas, construct the national carbon emissions trading market in a stable and orderly manner, and continue improving relevant legal and policy systems, Li noted.
