Understanding China’s NDC
In collaboration with the Project for Market Readiness (PMR), Vivid Economics contributed to a report prepared as part of the PMR’s Policy Analysis Work Program which was launched to support countries’ efforts to determine post-2020 mitigation scenarios and identify packages of effective and cost-efficient policies—including carbon pricing instruments—to achieve climate change mitigation. This report contributed to the development of the China’s Nationally Determined Contribution (NDC) and facilitated the process of presenting and disclosing the key indicators, components, and assumptions that are used for the mid- and long-term scenarios. The report also improves understanding on how China’s NDC could be seen as a powerful vehicle for innovation and help shift the country toward a new development pathway.
Date: December 2016