OSW

SIGNATURE WORK
CONFERENCE & EXHIBITION 2023

The Present, Challenges, and Future Opportunities of Carbon Sink System in China’s Low-Carbon Economic Transition: A Case Study of An Ecological Civilization Pilot Zone

Name

Yuhe Jin

Major

Political Economy / Economics

Class

2023

About

Yuhe Jin is a student from Shanghai studying Political Economy with a focus on Economics.

Signature Work Project Overview

Under the goal of reaching the carbon emission peak before 2030 and achieving carbon neutrality before 2060, building a strong carbon sink system is crucial to China’s low-carbon economic transition and sustainable development. The government has devoted itself to constructing policy frameworks and national carbon trading markets, but there is still an absence of high-quality carbon sink projects in China. In this paper, a case study on Island A, a representative ecological civilization pilot zone, demonstrates the process of utilizing carbon accounting to evaluate carbon reduction performance and gives in-depth insights into the challenges of building high-quality carbon sink projects during the 13th Five-Year period. This paper also sheds light on the present policy support, carbon sink and carbon offset mechanisms, and progress in development. This study points out the decisive role of carbon accounting methods in high-quality carbon sink projects and offers valuable suggestions for future low-carbon planning. The development of robust and high-standard carbon sink projects should be prioritized by China in pursuing its low-carbon transition in the next decade.

Signature Work Presentation Video