China
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News

How Europe could get China and the U.S. on its side with new carbon tax
The measure, if approved, will force EU businesses to pay a carbon levy for goods they import from outside the bloc. The problem is that some nations might not want to go down the carbon neutrality route as fast as the EU.

China’s post-pandemic economic stimulus spending on green projects shows there is room for improvement: Greenpeace
Only 15 per cent of China’s newly added post-Covid-19 national and municipal bonds went to green, sustainable, or low-carbon projects, says Greenpeace. China approved a fiscal stimulus package of 6.35 trillion yuan (US$984 billion) in May last year to help the country’s economic recovery after the pandemic.

In defiance of NGOs, EU backs fuel subsidies for its fleet at WTO talks
The negotiating team for the European Union at the ongoing World Trade Organization talks on harmful fishery subsidies is insisting that any deal allow for continued tax exemptions for fuel purchases.
Reports

China: A Watershed Moment for Water Governance (World Bank, Development Research Center)
Effective management of water resources is central to China’s economic prosperity. Despite significant investments in water management and infrastructure, more tangible innovative policies and incentives are required to strengthen and

Effectiveness and cost of air pollution control in China (LSE)
This study evaluates the effectiveness and cost of China’s first serious air pollution control policy. It confirms that SO2 emissions in China reduced by 11% during the 2006-2010 period, predominantly

Green Industrial Policy: Concept, Policies, Country Experiences (UN Environment, DIE)
This joint publication by UN Environment and the German Development Institute/Deutsches Institut fĂĽr Entwicklungspolitik (DIE) illustrates how green industrial policy can be a driver for a green economy transformation and highlights the social,