China Dialogue has published a green guide to China’s new 5 year plan.
The 5 year plan will focus on issues such as pollution reduction, energy efficiency, large scale recycling and a more reliable and cleaner energy supply.
The environmental market is predicted at growing by 15% to 20% annually.
China’s aim at producing 15% of its energy from non-fossil fuels, from 8.3% in 2009.
The new energy industry development plan commits from £190b to £280b in renewable energy over 10 years.
In terms of energy efficiency, China will target a reduction of energy intensity of 16%, mainly focusing on heavy industry, construction and transportation.
National demand-side management will also be established as well as using public procurement to purchase products with energy saving labels.
China has pledge to reduce carbon intensity (carbon by unit of GDP) by 17% by 2017 and by 40% to 45% by 2020.
This will include piloting a carbon trading scheme, low carbon cities and provinces and a rise in forest coverage of 22%.






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