China releases action plan to peak carbon dioxide emissions before 2030

China, the world’s largest greenhouse gas producer, on Tuesday released an ambitious action plan to peak carbon dioxide emissions before 2030, according to which the share of non-fossil energy consumption will be about 25 per cent and carbon dioxide emissions per unit of GDP will drop by more than 65 per cent compared to 2005 levels.

China’s Cabinet known as the State Council, has put forward the main objectives for the 14th Five-Year Plan period (2021-2025) and the 15th Five-Year Plan period (2026-2030), which included increasing the share of non-fossil energy consumption, improving energy efficiency and reducing carbon dioxide emissions.