Innovative Green Development Program (iGDP), …Governance Initiative, Boston University Total: $104...
Transcript of Innovative Green Development Program (iGDP), …Governance Initiative, Boston University Total: $104...
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HU, Min
Founder & Executive Director
Innovative Green Development Program (iGDP), China
May 13th, Madrid
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Industry
Agriculture
Services
Source: World Bank World Development Indicators, 2017. data.worldbank.org
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1960 1970 1980 1990 2000 2010
Industry
Agriculture
Services
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Drivers
§ New Normal Growth Stage and Economic Structure Change
§ Pressing Air Pollution War
§ Strong Political Commitment
§ Public Need for Good Life Quality
Challenges
§ Stimulate economy growth and ensure employment
§ Middle-class rise and policy boosting consumption
§ Decarbonize industry and reduce materials intensity
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Mix § Electrification of energy system (RE v.s. Coal)
§ Consumer behaviors changes (e.g. e-commerce) § New Technologies (e.g. datacenter)
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China’s NDC:• Peaking emissions around 2030 and
making best efforts to peak sooner• Reduce emissions intensity of GDP by
60-65% from 2005• Increase non-fossil primary energy to
20%• Increase forest stock by 4.5 billion m3
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0.05
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0.15
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2000 2010 2020 2030
kgC
O2e
/GD
P (2
010
US$
)
Source: WRI CAIT database (2017)
Emissions Intensity Target
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For example:
§ Stage 6 Light Duty Vehicle Standards
§ Proposed Room AC MEPS
§ Renewable Energy Investment
§ Largest EV Market
5 Source: ICCT
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§ Low Carbon CITY – Madrid Central
§ Electricity – Flexible Grid
§ Circular Economy – Waste Management and Smart Design
§ Cooling Efficiency (EE and HFC) – Included in President Xi-Macron joint declaration
§ Etc.
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Source: IEA National Statistics & China State Grid Research Institute
China End-Use Energy Mix
Coal oil gas thermal electricity Others
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MEASURES
§ Increase energy efficiency of production
§ Increase life of steel-intensive goods
§ Increasing recycling
§ CCS
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9 Source: Hewlett Foundation
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10 Sources, ICCT
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Source: Houser, Bordoff, and Marsters. “Can Coal make a Comeback?” Columbia SIPA Technical Report, April 2017. p30. http://energypolicy.columbia.edu/research/report/can-coal-make-comeback
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Source: WRI CAIT database (2017)
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Source: Gallagher, Kevin P (2017), “China’s Global Energy Finance,” Global Economic Governance Initiative, Boston University
Total: $104 billion(2003-2013)
Total: $121 billion(2014-2017)
HydropowerNuclearSolar/WindElectric T&DGas/LNGOilCoal
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§ Greening trade
§ Soft Investment in BRI countries to help develop green policies
§ Technical support in long term strategy planning
§ Policy and strategy dialogues
§ Pilots and capacity building
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