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?

报告围绕自愿碳市场展开。在全球应对气候变化的背景下，它备受关注却挑战重重。报告开篇介绍了自愿碳市场的基本概念，接着分析当前发展困境，如需求变动、项目质量和信任危机等问题。同时阐述了共生联盟带来的变革。最后展望未来，探讨不同机制下市场的前景，强调各方协作对推动其在全球碳减排中发挥更大作用的重要性。

The "Self-Regulatory Guidelines for Listed Companies – Preparation of Sustainability Reports (Draft for Comments)", as a supporting document to the "Self-Regulatory Rules for Listed Companies – Sustainability Reporting (Trial)", aims to guide China's A-share listed companies in enhancing their sustainability disclosure capabilities, improving the standardization of sustainability report preparation, and strengthening the completeness and relevance of sustainability-related information. The Rules and the Guidelines mark a new phase in sustainability information disclosure in China's capital market. However, IPE's comparative analysis reveals that there are still significant differences between these requirements and mainstream international ESG disclosure standards. This discrepancy may lead to duplicate disclosures and impose additional costs.

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.

October 31, 2024 - The Institute of Public and Environmental Affairs (IPE) published the 7th annual Corporate Climate Action CATI evaluation report in Beijing, highlighting that Chinese and foreign companies are stepping up climate action. Leading companies have required suppliers to conduct carbon management and data disclosure at facility-level, empower them to extend climate governance to upstream supply chain, and motivated them to reduce carbon emissions.

IPE and PECC released the first year’s Climate Action CATI evaluation results of the photovoltaic (PV) listed company. The report indicates that many PV listed companies are actively responding to the requirements of the dual-carbon policy, implementing energy-saving and emission reduction projects, and carrying out green transformation along the industrial chain. Report also suggests that the majority of PV listed companies need to benchmark themselves against industrial leaders to improve corporate and supply chain climate governance. We thus call for multi-stakeholders to jointly advance the zero carbon supply chains in the PV industry.