China to standardise carbon accounting and decarbonisation methods
The country recently announced its intention to make ISSB-aligned sustainability reporting mandatory.
The Chinese government is set to standardise carbon accounting and decarbonisation methods – including carbon capture, utilisation and storage (CCUS) by the end of this year.
By December 2024, China plans to publish 70 national standards covering carbon accounting, footprint, reduction and CCUS for key economic sectors, in a programme developed by the country’s National Development and Reform Commission, the State Administration for Market Regulation and the Ministry of Emergency Management.
