China’s Carbon Neutrality: Leading Global Climate Governance and Green Transformation

Abstract

China aims to peak carbon emissions before 2030 and achieve carbon neutrality by 2060. It is a strategic decision made after deliberate consideration by the Central Government. Such goals reflect China’s responsibility as a major country in responding to global climate change, its vision of the future world development, and its commitment to green transformation. After the 18th CPC National Congress, China has undergone a fundamental change in its development philosophy. Protecting the environment is no longer regarded as a burden upon economic growth, but as a driving force for high-quality development. Emissions reduction has also changed from a task inflicted upon local governments to a goal people identify with. More than 120 countries have proposed carbon neutrality targets in different ways by now. The global consensus on carbon neutrality marks the end of the traditional industrial era and the start of a new development era. The concept of carbon neutrality redefines and reshapes the entire development paradigm. It is a self-revolution of the mode of production and life. It not only poses an unprecedented challenge but also provides a strategic opportunity for China. China is likely to lead the world in future green transformation and global climate governance.