Sustainability & Policy

China’s 2035 Climate Pledge, Explained: What Xi Actually Promised and What It Means for Existing Buildings

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On September 24, 2025, President Xi Jinping used a UN climate forum to put a new waypoint on China’s decarbonization path: by 2035, China will reduce economy-wide greenhouse-gas emissions by 7–10% below peak levels—with a commitment to “strive to do better.” The announcement also included a major scale-up of clean energy and signals on carbon … Read more

Shanghai Launches Comprehensive Carbon Market Reform (2026–2030)

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A Strategic Pivot Toward Carbon Leadership In 2025, the Shanghai Municipal Government released a landmark reform plan to reshape its carbon market between 2026 and 2030. The initiative is designed to align with China’s national “dual carbon” goals—peaking emissions before 2030 and achieving carbon neutrality by 2060—while positioning Shanghai as a global center for carbon … Read more