{"id":101345,"date":"2023-04-06T15:58:35","date_gmt":"2023-04-06T15:58:35","guid":{"rendered":"https:\/\/chinadialogue.net\/?post_type=news_digest&p=101345"},"modified":"2023-04-19T15:44:06","modified_gmt":"2023-04-19T15:44:06","slug":"green-industries-catalogue-draft-retains-clean-coal","status":"publish","type":"news_digest","link":"https:\/\/dialogue.earth\/en\/digest\/green-industries-catalogue-draft-retains-clean-coal\/","title":{"rendered":"Green industries catalogue draft retains \u2018clean coal\u2019"},"content":{"rendered":"\n

The Green Industries Guidance Catalogue<\/a>, published in 2019, has been revised for the first time and is open for public consultation until April 15. The draft has incorporated more project types related to climate change and biodiversity, and retains \u201cclean coal\u201d as a green industry.<\/p>\n\n\n\n

The catalogue is an important milestone in the establishment of China\u2019s green finance standards. In 2019, seven ministries jointly released the catalogue to help define where green loans could go and how local governments could develop local industry. China then revised its Green Bond Endorsed Projects Catalogue<\/a> in 2021, bringing the previously fragmented domestic green bond standards into alignment.<\/p>\n\n\n\n

The Green Industries Guidance Catalogue has three tiers ranging from general sectors to specific industries. Compared to the 2019 edition, which was published before China made its carbon neutrality pledge in 2020, the new catalogue includes many climate-related industries. For example, it adds a section on \u201cGreenhouse gas emission control,\u201d which includes carbon capture, utilisation and storage (CCUS), methane recovery and utilisation from oil and gas fields, development of alternatives to ozone-depleting substances, and greenhouse gas reduction in industrial processes.<\/p>\n\n\n\n

The 2023 draft also introduces a new \u201cBiodiversity\u201d catalogue, referring to the protection of rare and endangered wildlife, conservation of animals and plants, protection of fisheries resources, and conservation of old and valuable trees, among other issues.<\/p>\n\n\n\n

The new draft provides more detailed requirements for green buildings and lists out their different types. It emphasises the green supply chain and also refines the types of green transport.<\/p>\n\n\n\n

However, it is noteworthy that the 2023 draft has retained \u201cclean coal\u201d, despite its removal<\/a> from the definition of \u201celigible green project\u201d in the 2021 Green Bond Endorsed Projects Catalogue. This aligns with China\u2019s heightened concern with energy security following severe power shortages<\/a> in 2021 and 2022, which is a factor in the recent expansion of new coal power plants.<\/p>\n\n\n\n

Read China Dialogue\u2019s <\/em>article<\/em><\/a> on how China\u2019s 2021 green bond catalogue could be greener.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Green Industries Guidance Catalogue, published in 2019, has been revised for the first time and is open for public consultation until April 15. <\/p>\n","protected":false},"featured_media":75286,"template":"","categories":[758],"tags":[520,544],"country":[],"digest-collection":[],"class_list":["post-101345","news_digest","type-news_digest","status-publish","has-post-thumbnail","hentry","category-business","tag-coal","tag-finance"],"acf":[],"yoast_head":"\nGreen industries catalogue draft retains \u2018clean coal\u2019 | Dialogue Earth<\/title>\n<meta name=\"description\" content=\"The Green Industries Guidance Catalogue, published in 2019, has been revised for the first time and is open for public consultation until April 15.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dialogue.earth\/en\/digest\/green-industries-catalogue-draft-retains-clean-coal\/\" \/>\n<meta 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