The State Council issued the 15th Five‑Year Carbon Peak Action Plan, directing
stronger funding and policy support for carbon‑peak and carbon‑neutral projects.
It instructs coordinated use of public funding channels to back eligible
priority projects and to strengthen tracking and scheduling, while guiding
social capital to participate in investment, construction and operation. The
plan calls for establishing a national low‑carbon transition fund, deploying tax
measures to implement energy‑saving and carbon‑reduction tax incentives, and
expanding government green procurement. It directs regulators to boost
green‑finance assessment and incentive mechanisms, expand high‑quality green and
transition finance product and service supply, tighten green finance standards
and disclosure requirements, promote climate‑related investment and financing,
encourage financial institutions to carry out financing carbon accounting, and
to orderly steer institutions’ operations and asset portfolios toward green
low‑carbon transition.
