China
Notice on Financial Support for Carbon Neutralization of Carbon
According to its stated objectives, a first step in the enrichment of fiscal policy tools as well as the tax policy framework will be reached by 2025. This should cover all regions and industries. Before 2030, the fiscal and taxation policy system will be finalised, enabling the carbon-peaking threshold. A long-term mechanism to promote green and low-carbon development will be gradually established. Before 2060, the policy system of financial support for green and low-carbon development will enable to reach carbon neutrality.