IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/115068.html
   My bibliography  Save this paper

China’s new growth story: linking the 14th Five-Year Plan with the 2060 carbon neutrality pledge

Author

Listed:
  • Stern, Nicholas
  • Xie, Chunping

Abstract

China has announced its commitment to achieving carbon neutrality by 2060, and for this challenging goal to be reached within just four decades, there is a real urgency of shaping the low-carbon agenda in its 14 th Five-Year Plan and to ratchet up ambition on climate policy in the near term to peak emissions early. This paper argues that China will have to change the way of development by take a sustainable pathway to growth. And this new approach does not mean sacrificing economic growth; quite the opposite, it can boost growth by providing great opportunities in terms of jobs, efficiency, demand, and many other aspects, while reducing carbon emissions and enabling great benefits with regards to pollution, ecological restoration, biodiversity and well-beings. The COVID-19 pandemic has provided a window of opportunity for China and other countries to cooperate to link the post-pandemic economic recovery with the fight against climate change.

Suggested Citation

  • Stern, Nicholas & Xie, Chunping, 2023. "China’s new growth story: linking the 14th Five-Year Plan with the 2060 carbon neutrality pledge," LSE Research Online Documents on Economics 115068, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:115068
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/115068/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ian W.H. Parry & Baoping Shang & Mr. Philippe Wingender & Nate Vernon & Tarun Narasimhan, 2016. "Climate Mitigation in China: Which Policies Are Most Effective?," IMF Working Papers 2016/148, International Monetary Fund.
    2. Timothy M. Lenton & Johan Rockström & Owen Gaffney & Stefan Rahmstorf & Katherine Richardson & Will Steffen & Hans Joachim Schellnhuber, 2019. "Climate tipping points — too risky to bet against," Nature, Nature, vol. 575(7784), pages 592-595, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Jianda & Dong, Kangyin & Sha, Yezhou & Yan, Cheng, 2022. "Envisaging the carbon emissions efficiency of digitalization: The case of the internet economy for China," Technological Forecasting and Social Change, Elsevier, vol. 184(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Minh-Hoang Nguyen & Minh-Phuong Thi Duong & Manh-Cuong Nguyen & Noah Mutai & Ruining Jin & Phuong-Tri Nguyen & Tam-Tri Le & Quan-Hoang Vuong, 2023. "Promoting Stakeholders’ Support for Marine Protection Policies: Insights from a 42-Country Dataset," Sustainability, MDPI, vol. 15(16), pages 1-19, August.
    2. Felix J. Formanski & Marcel M. Pein & David D. Loschelder & John-Oliver Engler & Onno Husen & Johann M. Majer, 2022. "Tipping points ahead? How laypeople respond to linear versus nonlinear climate change predictions," Climatic Change, Springer, vol. 175(1), pages 1-20, November.
    3. Shouro Dasgupta & Elizabeth J. Z. Robinson, 2023. "Climate, weather and child health in Burkina Faso," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(4), pages 576-602, October.
    4. Hametner, Markus, 2022. "Economics without ecology: How the SDGs fail to align socioeconomic development with environmental sustainability," Ecological Economics, Elsevier, vol. 199(C).
    5. Quan-Hoang Vuong & Quang-Loc Nguyen & Ruining Jin & Minh-Hieu Thi Nguyen & Thi-Phuong Nguyen & Viet-Phuong La & Minh-Hoang Nguyen, 2023. "Increasing Supply for Woody-Biomass-Based Energy through Wasted Resources: Insights from US Private Landowners," Sustainability, MDPI, vol. 15(11), pages 1-20, May.
    6. Gebara, C.H. & Laurent, A., 2023. "National SDG-7 performance assessment to support achieving sustainable energy for all within planetary limits," Renewable and Sustainable Energy Reviews, Elsevier, vol. 173(C).
    7. Alla Mostepaniuk & Turgay Akalin & Mohammad Reza Parish, 2023. "Practices Pursuing the Sustainability of A Healthcare Organization: A Systematic Review," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    8. Veronika Winter & Johanna Kranz & Andrea Möller, 2022. "Climate Change Education Challenges from Two Different Perspectives of Change Agents: Perceptions of School Students and Pre-Service Teachers," Sustainability, MDPI, vol. 14(10), pages 1-29, May.
    9. Huntington, Hillard G. & Barrios, James J. & Arora, Vipin, 2019. "Review of key international demand elasticities for major industrializing economies," Energy Policy, Elsevier, vol. 133(C).
    10. Leonidas Paroussos & Kostas Fragkiadakis & Panagiotis Fragkos, 2020. "Macro-economic analysis of green growth policies: the role of finance and technical progress in Italian green growth," Climatic Change, Springer, vol. 160(4), pages 591-608, June.
    11. Veruska Muccione & Thomas Lontzek & Christian Huggel & Philipp Ott & Nadine Salzmann, 2023. "An application of dynamic programming to local adaptation decision-making," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 119(1), pages 523-544, October.
    12. Bazrkar, Mohammad Hadi & Danquah, Eric Owusu & Choi, Soon-Kun & Kim, Min-Kyeong & Jeong, Jaehak & Cho, Jaepil, 2023. "Projected unseasonable and shorter actual growth period for paddy rice and more pollutant loads into water bodies in a changing climate," Agricultural Water Management, Elsevier, vol. 279(C).
    13. Kemfert, Claudia & Präger, Fabian & Braunger, Isabell & Hoffart, Franziska M. & Brauers, Hanna, 2022. "The expansion of natural gas infrastructure puts energy transitions at risk," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7, pages 582-587.
    14. Zhang, Dongna & Dai, Xingyu & Wang, Qunwei & Lau, Chi Keung Marco, 2023. "Impacts of weather conditions on the US commodity markets systemic interdependence across multi-timescales," Energy Economics, Elsevier, vol. 123(C).
    15. Liu, Weifeng & McKibbin, Warwick J. & Morris, Adele C. & Wilcoxen, Peter J., 2020. "Global economic and environmental outcomes of the Paris Agreement," Energy Economics, Elsevier, vol. 90(C).
    16. Andrea Gerbaudo & Francesca Lozar & Manuela Lasagna & Marco Davide Tonon & Elena Egidio, 2023. "For a Sustainable Future: A Survey about the 2030 Agenda among the Italian Geosciences Community," Sustainability, MDPI, vol. 15(14), pages 1-15, July.
    17. Fulvio Mazzocchi, 2022. "The COVID-19 Pandemic and the Climate Crisis: A Call to Question the Mindset of Modernity," Challenges, MDPI, vol. 13(2), pages 1-11, July.
    18. Meisinger, Norman, 2022. "A tragedy of intangible commons: Riding the socioecological wave," Ecological Economics, Elsevier, vol. 193(C).
    19. Méjean, Aurélie & Pottier, Antonin & Zuber, Stéphane & Fleurbaey, Marc, 2023. "Opposite ethical views converge under the threat of catastrophic climate change," Ecological Economics, Elsevier, vol. 212(C).
    20. Alina Galimshina & Maliki Moustapha & Alexander Hollberg & Sébastien Lasvaux & Bruno Sudret & Guillaume Habert, 2024. "Strategies for robust renovation of residential buildings in Switzerland," Nature Communications, Nature, vol. 15(1), pages 1-12, December.

    More about this item

    Keywords

    14th Five-Year Plan; carbon neutrality; China’s new growth story; low-carbon transition; T&F deal;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:115068. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.