{"id":59458,"date":"2021-10-14T15:50:00","date_gmt":"2021-10-14T14:50:00","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&#038;p=59458"},"modified":"2024-08-19T14:27:21","modified_gmt":"2024-08-19T13:27:21","slug":"towards-carbon-neutrality-and-chinas-14th-five-year-plan-clean-energy-transition-sustainable-urban-development-and-investment-priorities","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/towards-carbon-neutrality-and-chinas-14th-five-year-plan-clean-energy-transition-sustainable-urban-development-and-investment-priorities\/","title":{"rendered":"Towards carbon neutrality and China&#8217;s 14th Five-Year Plan: Clean energy transition, sustainable urban development, and investment priorities"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>China&rsquo;s 14th Five-Year Plan, for the period 2021&ndash;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&rsquo;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. Against this background, this paper discusses major action areas for China&rsquo;s 14th Five-Year Plan after COVID-19, especially focusing on three aspects: the energy transition, a new type of <a class=\"link link--external\" href=\"https:\/\/www.sciencedirect.com\/topics\/earth-and-planetary-sciences\/sustainable-urban-development\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">sustainable urban development&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a>, and investment priorities. China&rsquo;s role in the world is now of a magnitude that makes its actions in the immediate future critical to how the world goes forward. This decade, 2021&ndash;2030, is of fundamental importance to human history. If society locks in dirty and high-carbon capital, it raises profound risks of irreversible damage to the world&rsquo;s climate. It is crucial for China to peak its emissions in the 14th Five-Year Plan (by 2025), making the transition earlier and cheaper, enhancing its <a class=\"link link--external\" href=\"https:\/\/www.sciencedirect.com\/topics\/earth-and-planetary-sciences\/international-competitiveness\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">international competitiveness&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a> in growing new markets and setting a strong example for the world. The benefits for China and the world as a whole could be immense.<\/p>\n\n\n\n<p><strong><em>Cameron Hepburn, Ye Qi, Nicholas Stern, Bob Ward, Chunping Xie, Dimitri Zenghelis, Towards carbon neutrality and China&rsquo;s 14th Five-Year Plan: Clean energy transition, sustainable urban development, and investment priorities, Environmental Science and Ecotechnology, Volume 8, 2021, 100130, ISSN 2666-4984, https:\/\/doi.org\/10.1016\/j.ese.2021.100130.<\/em><\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>This paper discusses major action areas for China&rsquo;s 14th Five-Year Plan after COVID-19, especially focusing on three aspects: the energy transition, a new type of sustainable urban development, and investment priorities. <\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[1769,2061,154,470,482,899],"publication-type":[436],"topic_area":[4694,4706,4707],"class_list":["post-59458","publication","type-publication","status-publish","hentry","tag-14th-five-year-plan","tag-carbon-neutrality","tag-china","tag-clean-energy","tag-energy-transition","tag-sustainable-development","publication-type-research-articles","topic_area-policy-evaluation","topic_area-major-emitting-countries","topic_area-sustainable-development"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","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"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S2666498421000545","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"External link to paper","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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