China's post-COVID-19 stimulus: No Green New Deal in sight

Abstract

Much hope has been placed on China's decisions regarding low-carbon stimulus following COVID-19. Analysis of China's recent Government Work Report suggests that while a repeat of recovery measures focused on high-emissions infrastructure following the 2008 global recession is not in the cards, a Chinese Green New Deal is not in sight either. Much investment is flowing to fossil fuel industries, whilst support policies for renewable energy industries are absent from Beijing's recovery program. These signs of environmental ambition taking a back seat are worrisome given that Beijing is currently designing its 14th Five-Year Plan.