BEIJING — Chinese authorities on Oct 24 unveiled a guiding document on the country's work to achieve carbon peaking and carbon neutrality goals under the new development philosophy, laying out key specific targets and measures for upcoming decades.
By 2030, China's carbon dioxide emissions will peak, stabilize and then decline, and by 2060, China will be carbon neutral and have fully established a green, low-carbon and circular economy, it said, reiterating the country's previous pledge.
Toward this end, China aims to gradually increase the share of non-fossil energy consumption to around 20 percent by 2025, around 25 percent by 2030, and over 80 percent by 2060, according to the document jointly released by the Communist Party of China Central Committee and the State Council.
The country's carbon dioxide emissions per unit of GDP will be lowered by 18 percent from the 2020 level by 2025 and will have dropped by more than 65 percent compared with the 2005 level by 2030, said the document titled "Working Guidance For Carbon Dioxide Peaking And Carbon Neutrality In Full And Faithful Implementation Of The New Development Philosophy."