[Policy Update] State Council Issues "15th Five-Year Plan for the Construction of a Beautiful China"

📰 News Highlight

Recently, the State Council officially issued the "15th Five-Year Plan for the Construction of a Beautiful China" (the "Plan"). This document outlines the overall requirements, target indicators, key tasks, and major engineering projects for environmental and ecological development during the "15th Five-Year Plan" period.

⚙️ Core Components

1.       Strategic 2030 Environmental Framework: The Plan sets a decisive target for 2030, requiring a comprehensive improvement in ecological environment quality and major milestones in environmental protection.

2.       Upgrading Solid Waste and Urban-Rural Infrastructure: A major focus of the Plan is significantly boosting comprehensive solid waste management and treatment capabilities.

💡 Key Takeaways

1.       Transitioning to Structural Quality Enhancement: As the "15th Five-Year Plan" period represents a critical phase for shifting from basic pollution control to deep structural quality improvement, businesses should prepare for stricter regional environmental inspections.

2.       Strategic Policy and Industry Alignment: Organizations should maintain communication with local governments and industry associations to adapt to these evolving green policies.

[Market Update] China Meteorological Administration Releases "Blue Book on Climate Change in China (2026)"

📰 News Highlight

On July 2, 2026, the China Meteorological Administration (CMA) officially released the "Blue Book on Climate Change in China (2026)" (the "Blue Book"). The publication underscores that global climate warming continues to evolve with accelerated ocean warming, driving global average sea levels to a record high in 2025.

💡 Key Takeaways

1.       Unprecedented Atmospheric and Marine Stress: In the atmospheric domain, the 2025 global average surface temperature was approximately 1.4°C above pre-industrial levels, marking it the third-warmest year since 1850.

2.       China's Amplified Climate Risks: Because China’s localized warming rate outpaces the global baseline, domestic industries face an elevated threat from frequent and severe extreme weather events.

[Carbon Market]

During July 06 – July 10, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 3,745,569 tons, with a total transaction value of USD 47,247,735.62. The highest price was USD 12.77/ton, and the lowest price was USD 12.35/ton. For bulk agreement transactions, the volume was 2,509,000 tons, with a transaction value of USD 31,487,142.15.