POLICY NEWS

On August 11, 2024, the State Council published the “Opinion on Accelerating the Comprehensive Green Transition in Social and Economic Development”. This is the first time for the Chinese government to provide a systematic roadmap for the green transition, aiming to accelerate China’s shift towards a green economy.

To make a first assessment on the implementation of the National Strategy for Adaptation to Climate Change 2035, China’s Ministry of Ecology and the Environment (MEE) issued a progress report on China’s climate change adaptation on June 2, which systematically summarizes the achievements of China’s adaptation to climate change since 2022.

With its action plan, the National Development and Reform Commission (NDRC) aims to provide guidance to China’s cement sector for achieving energy savings and carbon reduction. The main goals of the plan are to keep cement clinker production capacity at about 1.8 billion tons and to support the entire industry to comply with rules under an efficiency benchmark. The energy intensity of cement clinker production is targeted to decrease by 3.7% compared with 2020, thereby saving 5 million tons of standard coal and 13 million tons of CO2 by 2025.

China’s Ministry of Ecology and the Environment (MEE) issued a program for a carbon footprint management system to develop low-carbon supply chains. This program of MEE is the first national-level policy to establish a domestic carbon footprint management system. The target of the program is the establishment of a general standard for product carbon footprint (PCF) accounting with international standards. It will define about 100 carbon footprint accounting standards for key products until 2027 and 200 until 2030.