Promoting Innovation to Decarbonize Industry in China
China’s rapid growth since the mid-1990s has been largely propelled by investment in industry, infrastructure, and urbanization. However, such a growth model has proved to be highly energy intensive. Further economic progress will make it more difficult to reduce emissions. The objective of this pol...
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| Zusammenfassung: | China’s rapid growth since the
mid-1990s has been largely propelled by investment in
industry, infrastructure, and urbanization. However, such a
growth model has proved to be highly energy intensive.
Further economic progress will make it more difficult to
reduce emissions. The objective of this policy note is to :
(a) review the experience of Organisation for Economic
Co-operation and Development (OECD) countries in introducing
policies to support industrial decarbonization; (b) take
stock of China’s progress in promoting industrial
decarbonization, including through innovation; and (c) share
policy recommendations based on international good practices
on how to support accelerated adoption, diffusion, and
invention of industrial decarbonization technologies that
could help meet China’s peak carbon emissions target by 2030
and net carbon neutrality by 2060. |
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