China set to strengthen carbon emissions standard-setting and measurements to ensure hitting 2060 climate goals

Name: China installs record number of solar panels on rooftops in race for carbon neutrality
Uploaded: 2022-11-02T15:00:12.000Z
Duration: 1 min 5 s
Description: China installs record number of solar panels on rooftops in race for carbon neutrality

Beijing aims to establish a standards and measurement system for cutting greenhouse gas emissions

A lack of good-quality data has been widely blamed for hobbling the country’s nascent carbon market

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Specific aims include improving terminology, classification, information disclosure and benchmarks for monitoring and reporting carbon emissions. Photo: AFP

Yujie Xuein Shenzhen

Published: 11:00pm, 2 Nov 2022

The Chinese government has set out its aim to improve the standard-setting and measurement of environmental efforts to help ensure it can meet its carbon neutrality goals on time.

A lack of good-quality data has been widely blamed for hobbling the country’s nascent carbon market.

The State Administration of Market Regulation (SAMR) jointly released an implementation plan with eight other official agencies, including the Ministry of Ecology and Environment and Ministry of Transport on Monday, that aims to establish a standards and measurement system for cutting greenhouse gas emissions.

“Measurement and standards are important parts of the national infrastructure, and are an important support for the efficient use of resources, green and low-carbon development of energy … they are of great significance to achieving carbon peaking and carbon neutral goals as scheduled,” SAMR wrote in a post on its website on Monday designed to interpret the plan.

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The state agencies will focus on carbon emissions, carbon reduction, carbon removal and the carbon credits market, with the aim of improving their standard-setting and measurement capabilities, according to the plan.

More specific aims include improving terminology, classification, information disclosure and benchmarks for monitoring and reporting carbon emissions. The plan also calls for accelerating the research and deployment of standards in carbon-offsetting technologies such as carbon capture, utilisation and storage (CCUS), and strengthening benchmarks in green finance and carbon trading.

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