NDRC Says Carbon Emissions Will Become Regulatory Indicators

According to the National Development and Reform Commission, Xie Zhenhua, deputy director of the National Development and Reform Commission, recently stated at the joint press conference of the “basic four countries” that the Chinese government has incorporated the reduction target of carbon dioxide emission into the long-term plan for national economic and social development as a binding indicator. Approved by the National **, it will become a domestic legally binding indicator.

Officials from China, India, Brazil, and South Africa’s “Four Countries” made their collective appearances at a press conference held in Cancun, Mexico on the 6th, local time, and jointly stated their stand and expectations for the Cancun Climate Change Conference.

Xie Zhenhua said that China has made great efforts in dealing with climate change. During the “Eleventh Five-Year Plan” period, the Chinese government put forward a target of reducing energy consumption per unit of GDP in 2010 by about 20% compared with 2005, and accumulatively invested RMB 2 trillion, resulting in a series of policies in the area of ​​energy conservation and emission reduction. Measures. At the end of last year, the Chinese government announced its goal of controlling greenhouse gas emissions by 40-45% of GDP per unit of GDP by 2020, and will be included as a binding indicator in the long-term plan for national economic and social development. Once the carbon intensity index has been approved by the national government, it will become a domestic legally binding indicator.

Xie Zhenhua said that China has introduced multiple laws in areas related to climate change, including energy conservation law, renewable energy law, circular economy law, and environmental protection law. The climate change legislation will be considered at an appropriate time. When talking about China's establishment of a carbon market, Xie Zhenhua said that China has begun pilot work in the area of ​​voluntary carbon trading mechanisms, and environmental exchanges have also been established in some places.

Xie Zhenhua pointed out that the issue of climate change is a common challenge faced by all mankind. In areas such as energy conservation, emission reduction and renewable energy, China is actively and practically cooperating with many countries and international organizations. He also stressed that the Kyoto Protocol is the only legally binding document reached during the long-term negotiations on climate change and must adhere to the second commitment period on the basis of achieving environmental integrity. The outcome of the Cancun Conference should strike a balance between the working groups of the Convention and the Protocol. The developed country Parties to the Protocol shall continue to undertake large-scale quantitative emission reduction targets during the second commitment period. Developed countries that are not parties to the Protocol shall bear under the Convention comparable reductions in terms of magnitude, nature, and respect mechanisms with other developed countries. Indicators, developing countries take autonomous mitigation actions under the Convention.