China Green Bulletin: Beijing’s Plan for Setting Eco-Friendly Industry Standards
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China to Establish Standard System for Green Industries
The Standardization Administration of China has joined seven other government bodies in issuing a plan on the standardization work during the 14th Five-Year Plan period (“十四五”推动高质量发展的国家标准体系建设规划). According to the plan, a series of regulations will be published over the next five years in green tech industries including efficient energy usage, renewable energy, CCUS (carbon capture, utilization and storage) and other low-carbon technologies, as well as services like emission MRV (measurement, reporting and verification), climate information disclosure, and green finance to help achieve China’s carbon goals.
Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
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