{"id":53762,"date":"2021-02-01T11:46:55","date_gmt":"2021-02-01T11:46:55","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=53762"},"modified":"2024-12-10T08:55:30","modified_gmt":"2024-12-10T08:55:30","slug":"towards-carbon-neutrality-and-chinas-14th-five-year-plan-green-covid-19-recovery-sustainable-urban-development-and-clean-energy-transition","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/towards-carbon-neutrality-and-chinas-14th-five-year-plan-green-covid-19-recovery-sustainable-urban-development-and-clean-energy-transition\/","title":{"rendered":"Towards carbon neutrality and China\u2019s 14th Five-Year Plan: Green COVID-19 recovery, sustainable urban development and clean energy transition"},"content":{"rendered":"\n

China’s 14th Five-Year Plan, for the period 2021–25, presents a real opportunity for China to link its long-term climate goals with its short- to medium-term social and economic development plans. China’s recent commitment to achieving carbon neutrality by 2060 has set a clear direction for its economy, but requires ratcheting up ambition on its near-term climate policy. <\/p>\n\n\n\n

Against this background, this paper extends the discussion on major action areas for China’s 14th Five-Year Plan presented in a previous policy note (Stern and Xie, 2020<\/a>), focusing on three aspects: the energy transition, a new type of sustainable urban development and investment priorities. First, the authors outline the current context – the COVID-19 pandemic and the international responses to date, and the importance of China’s leadership.<\/p>\n\n\n\n

Summary of action points<\/h2>\n\n\n\n

Energy transition<\/h3>\n\n\n\n
    \n
  • Move away from coal while supporting affected coal workers and communities.<\/li>\n\n\n\n
  • Speed up the transition to renewable energy to ensure security of energy supply.<\/li>\n\n\n\n
  • Drive forward power sector reforms, including better grid management and market-oriented pricing to avoid irrational prioritisation of coal-fired sources.<\/li>\n\n\n\n
  • Support zero-emissions vehicles to build a sustainable future for transport.<\/li>\n<\/ul>\n\n\n\n

    New urbanisation<\/h3>\n\n\n\n
      \n
    • Accelerate a ‘rebalancing’ that shifts activities from coastal megacities to clean, compact and connected (CCC) cities in the interior.<\/li>\n\n\n\n
    • Design clean and efficient buildings and infrastructure in CCC cities and adopt digital technologies to promote improvements in energy efficiency.<\/li>\n\n\n\n
    • Ensure health and education services are more evenly distributed, including sufficient availability within CCC cities, to enhance the attractiveness of China’s interior.<\/li>\n\n\n\n
    • Transform already developed areas, e.g. limiting congestion by improving cycling and pedestrian facilities, retrofitting buildings, and creating high-tech innovation zones.<\/li>\n<\/ul>\n\n\n\n

      Well-planned investment<\/h3>\n\n\n\n
        \n
      • Invest in the four types of capital (i.e. physical, human, natural and social capital) to promote a strong, sustainable, inclusive and resilient recovery.<\/li>\n\n\n\n
      • Invest in infrastructure and technologies that promote energy transition and new urbanisation.<\/li>\n\n\n\n
      • Bring forward the peak in China’s greenhouse gas emissions to no later than 2025, and within the 14th Five-Year Plan period, to ensure the carbon neutrality target of 2060 can be achieved and influence other countries to increase their commitments.<\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"\n

        This paper focuses on three action areas for China’s 14th Five-Year Plan: the energy transition, a new type of sustainable urban development and investment priorities. <\/p>\n\n","protected":false},"author":23,"featured_media":53798,"template":"","tags":[1769,154,1917,1133],"publication-type":[1682],"topic_area":[4694,4705,4706],"class_list":["post-53762","publication","type-publication","status-publish","has-post-thumbnail","hentry","tag-14th-five-year-plan","tag-china","tag-covid-19-pandemic-and-climate-change","tag-net-zero","publication-type-policy-publications","topic_area-policy-evaluation","topic_area-leadership","topic_area-major-emitting-countries"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"1","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":["https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2021\/02\/Towards-carbon-neutrality-and-Chinas-14th-Five-Year-Plan.pdf"],"type":"download","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["cameron-hepburn","ye-qi","nicholas-stern","bob-ward","chunping-xie","dimitri-zenghelis"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""}},"yoast_head":"\nTowards 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