China's National Development and Reform Commission (NDRC) and National Energy Administration (NEA) published the implementation plan prompting the next-generation and high-quality new energy development. China aims for an installed wind and solar power capacity of over 1.2 billion kWh by 2030, with faster buildout of a clean, low-carbon, safe and highly-efficient energy system.
According to the proposal, China will study and explore new energy project incorporation into the pilot scope of infrastructure REITs. Equally, greenhouse gas verification and emission cut for eligible new energy projects shall be included in the national carbon emissions trading market for the settlement and offsetting of carbon credit quota.
According to the proposal, China will study and explore new energy project incorporation into the pilot scope of infrastructure REITs. Equally, greenhouse gas verification and emission cut for eligible new energy projects shall be included in the national carbon emissions trading market for the settlement and offsetting of carbon credit quota.