[Policy Update] MEE and 18 Ministries Jointly Issue the "15th Five-Year Plan for National Climate Change Adaptation and Mitigation"

📰 News Highlight

On July 27, 2026, the Ministry of Ecology and Environment (MEE), in collaboration with 18 other government departments including the NDRC, officially issued the "15th Five-Year Plan for National Climate Change Adaptation and Mitigation" (the "Plan").

⚙️ Core Components

1.       Dual Focus on Mitigation and Adaptation: The Plan coordinates overall carbon emission controls with enhanced climate risk resilience, deploying targeted strategies across green energy transition, key sector decarbonization, greenhouse gas emission governance, and national climate adaptation capacity building.

2.       Systemic Cross-Sectoral Transformation: The framework establishes concrete decarbonization roadmaps across core economic sectors—including energy, heavy industry, transportation, and building infrastructure.

💡 Key Takeaways

1.       Definitive Institutional Blueprint for the "Dual Carbon" Sprint: As the master policy document for climate action during the "15th Five-Year Plan" window, the Plan provides a unified regulatory baseline.

2.       Standardizing Carbon Management and Compliance Audits: By refining mechanisms for greenhouse gas emission tracking and data governance, the policy signaling points to tighter, standardized audit requirements for enterprise-level carbon footprints.

[Market Update] "2026 Energy Industry Ecosystem Report" Officially Released

📰 News Highlight

On July 27, 2026, the "2026 Energy Industry Ecosystem Report" (the "Report"), joint-authored by experts from the Energy and Resources Working Committee of the China Enterprise Reform and Development Society and China Petroleum and Petrochemical magazine, was officially released.

💡 Key Takeaways

1.       Historic Milestones in Energy Investment and Renewables: The Report highlights that national investment in key energy projects surpassed RMB 3.5 trillion for the first time in 2025.

2.       Convergence of Artificial Intelligence and Modern Energy Systems: The Report underscores the mutual enablement of AI and the energy industry as a primary catalyst for growth.

[Carbon Market]

During July 27 – July 31, the total transaction volume of Carbon Emission Allowances (CEA) in the Chinese National Carbon Market reached 5,693,588 tons, with a total transaction value of USD 77,325,89.24. The highest price was USD 14.20/ton, and the lowest price was USD 12.99/ton. For bulk agreement transactions, the volume was 3,773,583 tons, with a transaction value of USD 49,984,781.03.