"strengthen green and low-carbon policies and regulations with a view to strictly controlling public investment flowing into projects with high pollution and carbon emissions both domestically and internationally"
China has just recently pledged to ensure that the share of public transit in all motorized urban transport reaches 30% by 2020 ! this would be presenting the potential for more huge reductions in CO2 emissions.
China's Five Year Plans are the government's major development blueprints for long-term social and economic policies!!!!
FUN FACT!!!!!! Did you know that China is responsible for over half of the world's energy conservation efforts over the past two decades?????!!!!!!
for a number of years we have worked to reduce CO2 emissions, improve energy efficiency, expand renewable energy and develop low carbon cities. We are on track to meet the Copenhagen climate pledge, which is to reduce its carbon intensity by 40-45% below 2005 levels by 2020.
China will be putting a price on carbon by building a national cap and trade system. This will launch in 2017 and be the world's largest. We have pledged 20 million ($3.1 billion US) to the South-South Climate Cooperation Fund to help developing countries address climate change!
