Estimations predict that in the next 30 years, the investment demand brought by low carbon development in China's energy, industry, construction, transportation, and other sectors will exceed 100 trillion yuan

Carbon Trust, the London-based global climate consultancy has announced the launch of its carbon footprint and label service in China.

China Development Bank, one of the country's primary policy banks, has stepped up its loan issuance to help promote carbon sink capacity in the forestry sector amid the country's push for green development.

Chinese authorities on Mar.23 released a plan on the development of hydrogen energy for the 2021-2035 period as the country races toward its carbon peaking and neutrality goals.

Accelerated steps should be made to build up China's carbon footprint management system on batteries for new energy vehicles as well as the carbon emissions market to guide the country's low-carbon development, lawmakers and political advisers said during the two sessions that ended recently.

China has announced that it would aim to peak its carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, which is an important commitment to align the country's emissions targets with the 26th UN Climate Change Conference of the Parties' global agenda to reduce the risks of climate change.

China's low-carbon transition offers huge opportunities to address the gap in economic development between eastern and western parts of the country, a national political adviser said.

More efforts should be made to establish green and low-carbon data centers with higher computing efficiency and less power consumption, a move which industry insiders said aligns with China's pledge to peak the country's carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

China is taking solid steps to foster a green, low-carbon path of high-quality development, as it aims to meet its ambitious goals of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, political advisers said on Mar.10.

China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it embarks on a path toward carbon peak and neutrality, experts said.

Banks should have a good understanding of information on corporate carbon emissions and accurately assess which companies may have to cut production or exit a market so they can adjust loan structures and prevent financial risks

New measures in pipeline to boost nonfossil energy's role in promoting green transition