China’s emissions, efficiency targets under threat
China is failing to meet key targets for reducing climate-warming emissions, putting its credibility in global climate talks at risk, Reuters reported on Tuesday.
The government’s lack of political will to address the emissions gap, driven by energy security concerns, has led to falling short on goals for energy and carbon intensity reductions.
The National Development and Reform Commission (NDRC) has acknowledged the shortfall and pledged to intensify efforts in energy conservation and carbon reduction.
However, analysts warn that China is well behind on its targets to reduce energy intensity by 13.5 per cent and carbon intensity by 18 per cent between 2021 and 2025, Reuters added.
Failure to meet these targets could raise doubts about China’s ability to curb emissions and lead to a loss of diplomatic credibility. The country, as the world’s largest carbon polluter, faces increasing pressure to show more climate ambition.
To address the gap, China should prioritise efficiency improvements in industry and construction, offer financial assistance for facility upgrades, and expand the carbon market, said senior research analyst with the consultancy Wood Mackenzie, according to Reuters.