Thomson Reuters | China meets 2020 carbon target ahead of schedule: Xinhua Xinhuanet | China's carbon trading pilot boosts emissions control

China's carbon trading system has enabled the country to reach its 2020 carbon emissions target in 2017, China's special representative on climate change has said.

Xie Zhenhua said at the Green Carbon Summit held here Monday that by the end of 2017, China had cut carbon dioxide emissions per unit of GDP by 46 percent from the 2005 level, fulfilling its commitment to reduce CO2 emissions by 40 to 45 percent from the 2005 level by 2020.

From 2005 to 2015, China's economy grew by 1.48 times, and at the same time, the carbon intensity dropped by 38.6 percent. In 2016, the rate continued to fall by 6.6 percent year on year.

According to China's commitment to the Paris Agreement, it will have to cut carbon emissions per unit of GDP by 60-65 percent by 2030 from the 2005 level.

http://www.xinhuanet.com/english/2018-03/27/c_137069521.htm

https://in.reuters.com/article/china-climatechange-carbon/china-meets-2020-carbon-target-ahead-of-schedule-xinhua-idINKBN1H315P