GREEN is the colour of survival, productivity and prosperity creating numerous matching boxes for humanity, ecology and geography in the world. The green CPEC Phase-II would be a value addition towards Pakistan’s energy diversity, sustainability and stability. China in its 3rd Plenum chalked out comprehensive programs to gear-up green transformation in the country.
In continuation to this, most recently the Communist Party of China (CPC) Central Committee and the State Council announced a set of groundbreaking guidelines consisting of 33 points to accelerate green transition in all areas of economic and social development which would be its first systematic deployment of its green and low-carbon goals in China. Its well-timed guidelines establish goals for key industries mainly green energy, recycling, green transportation, services, environmental protection, industrial parks and green remanufacturing transforming the country towards green transition and transformation. Interestingly, for the first time it proposed to build “world-class green and low-carbon industrial clusters” in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Yangtze River Delta region which is indeed a paradigm shift.
It seems that China is attempting to enhance the use of renewable energy through investment, financing, taxation and pricing policies in line with the global shift making it more reliable, relevant and functional. Additionally, since the 18th CPC National Congress, China ha.