At the 10th anniversary of the Paris Agreement, we have witnessed tangible progress from the joint efforts of the international community. The rapid growth of global emissions has been curbed to some extent, and the likelihood of catastrophic warming scenarios has been reduced. Nevertheless, the global climate situation remains severe, with extreme weather events occurring with increasing frequency. At this critical moment of heightened uncertainty in global climate governance, we believe that the decarbonization of global industrial and supply chains is more important than ever. In 2025, the Institute of Public & Environmental Affairs (IPE) once again conducted a quantitative evaluation of the climate actions of 800 Chinese and international companies across 23 industries. The evaluation covered five key dimensions—governance mechanisms, measurement and disclosure, carbon target setting, performance towards targets, and emission reduction actions—with the goal of identifying and promoting best practices to encourage global supply chains to accelerate their low-carbon transformation.

报告系统总结了中国光伏建设的重大成就，生动展示了从戈壁沙漠到城乡屋顶的光伏建设实践，梳理了技术突破和模式创新对全球气候行动的贡献，展望了中国光伏以“十亿千瓦”为起点，向更高质量、更可持续的未来迈进的前景。

In July 2025, the Institute of Public and Environmental Affairs (IPE) and the Green Jiangnan co-released the "Photovoltaic Enterprise Environment and Low-Carbon Evaluation Report 2025". The report revealed that leading enterprises such as LONGi, Jinko Solar, and Tongwei are actively advancing low-carbon transformation. While environmental information disclosure in the photovoltaic industry has improved and the use of green electricity has grown significantly, carbon emissions in the sector continue to rise. The report recommends that leading companies strengthen decarbonization across their industrial chains to make greater contributions to energy transition both in China and globally.

China Provincial Carbon Peak & Carbon Neutrality Index（2022–2024）Evaluation Report reveals that, amid complex challenges from multiple pressures, China’s green and low-carbon transition has demonstrated strong resilience. Major provinces and cities accelerated energy transformation and electrification, while central and eastern regions witnessed vigorous growth in emerging industries. Meanwhile, the report identifies challenges including increasing grid integration pressure for wind and solar power, cumulative ecological impacts requiring attention, urgent decarbonization needs for energy-intensive industries, and unresolved accountability for emissions from energy bases. Policy recommendations are accordingly proposed.

The third-phase report of the Chinese City Carbon Peak and Carbon Neutrality Index systematically evaluates the progress of 110 key cities toward their "Dual Carbon" action across three dimensions: climate ambition, low-carbon status, and emission trends. Beijing claimed the top spot with outstanding performance in climate ambition and low-carbon status, followed by Chengdu, Ningbo, and Shenzhen ranking second to fourth respectively. Cities including Kunming, Shanghai, and Guangzhou also secured positions in the top ten.

To continuously track China's progress in addressing climate change, following the release of the report China's Pragmatic Actions to Address Global Climate Change at the COP28 conference in Dubai, the Chinese Research Academy of Environmental Sciences (CRAES) and the Institute of Public and Environmental Affairs (IPE) have once again joined forces. They have reviewed the important climate policies formulated and released by China in recent years and compiled 57 exemplary practices involving multi-stakeholder participation from the government, enterprises, and the public in addressing climate change. These practices summarize China's experiences in green transformation and achievements in low-carbon technology from ten aspects, supporting the nation’s dual carbon actions and high-quality development, while also providing valuable insights and references for other developing countries globally.

In regions of China with abundant renewable energy resources, companies can reduce their product carbon footprints (PCF) by purchasing green certificates (GEC) or green electricity. How should companies accurately account for their PCF if they purchase domestic/international green certificates or procure green electricity?