Issue Brief - China's 14th 5-Year Plan: Spotlighting Climate & Environment
Issue Brief - China's 14th 5-Year Plan: Spotlighting Climate & Environment
July 23, 2021
The 14th five-year plan (FYP), covering the years 2021 to 2025, was officially endorsed by the National People’s Congress (NPC) on 11 March 2021. The Plan is divided into 19 sections and 65 chapters, touching on all aspects of development over the next five years, as well as presenting China’s 2035 vision.
In this note, we focus on the climate and environmental-related strategies and guidelines presented in the Plan. The Plan’s environmental targets are broadly in line with the pace set in 2016 and more recent information provided by national data and research, in our view. The FYP indicates the general direction to a low-carbon transition. It touches on the energy mix, energy distribution, improving efficiency in resource utilisation, greening of all sectors, enhancing a green legal and policy environment, promoting the circular economy, as well as participating in and leading international cooperation on the climate change agenda.