Harvard Kennedy School: Progress, Challenges and Trends of Guangdong Carbon Market (Chinese and English)

Download the report: Add 199IT WeChat official account [i199it] and reply with the keyword [Guangdong Carbon Market Progress, Challenges and Trends]

Guangdong Province is China's largest economic province, with a GDP that broke through 10 trillion yuan (about 156 million U.S. dollars) in 2019, about one-tenth of China's GDP, and comparable to the GDP of developed economies such as Canada and South Korea. The economic development levels of various regions in the province vary significantly, with the Pearl River Delta region, which accounts for 30% of the province's land area, producing more than 80% of GDP.

The overall energy efficiency level is relatively advanced in China. With the proportion of the secondary industry approaching 40%, the energy consumption per unit of GDP can still maintain the second lowest level in the country, second only to Beijing, which is dominated by the service industry. The primary energy consumption structure is relatively balanced and reasonable, with the proportion of traditional fossil energy continuously declining, and the proportion of clean energy such as natural gas, nuclear energy, and renewable energy gradually increasing to 40%.

Download the report: Add 199IT WeChat official account [i199it] and reply with the keyword [Guangdong Carbon Market Progress, Challenges and Trends]