Policies

Carbon Peaking, carbon neutral energy sector plan

Source: International Energy Agency

Last updated: 5 April 2022

Country People's Republic of China
Year

2021
Status

In force
Jurisdiction

National
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The China Development Bank (CDB) has formulated the "Work Plan to Support the Achievement of the Strategic Goal of Carbon Peaking and Carbon Neutrality in the Energy Sector", issuing a loan of 500 billion CNY for "Carbon Peaking and Carbon Neutrality" in the energy sector.

Loans of 100 billion CNY will be allocated in 2021 to support photovoltaic power generation, offshore wind power and other projects.

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