Impacts of Carbon Pricing in Reducing the Carbon Intensity of China’s GDP (World Bank)

China has set a target of reducing the carbon dioxide intensity of gross domestic product by 60-65 percent in 2030 compared with 2005 levels as its contribution to global climate change mitigation efforts agreed in Paris in December 2015. This Policy Research Working Paper by the Environment and Energy Team, Development Research Group at the World Bank analyzes the economic and greenhouse gas impacts of meeting these targets through carbon pricing.