China's Ministry of Ecology and Environment and the NDRC, with 18 other
ministries, issued the National Climate Change Fifteenth Five-Year Plan on the
29th, setting policy and market measures through 2030. By 2030, CO2 emissions
per unit of GDP are targeted to fall 17% versus 2025. The national carbon
emissions trading market is expected to cut covered industries' CO2 emissions
per unit product by about 3% versus 2025. Authorities will build a voluntary
nationwide greenhouse gas reduction trading market with unified methodologies,
broad participation and international linkage, and establish a basic product
carbon footprint management system. Non‑CO2 greenhouse‑gas monitoring and
control will be strengthened to create roughly 30 mln tCO2e abatement capacity.
Climate adaptation systems and climate‑resilient social infrastructure will be
further developed.
