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China’s Climate Transition_ Outlook 2023

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  China’s success in meeting and exceeding its current climate targets is possibly the single most important factor in the global fight against climate change. Currently, progress on clean energy deployment is undermined by continued coal capacity expansion and a rapid growth of energy consumption. To successfully achieve a peaking and rapid decline of emissions, China will need increased efforts on energy efficiency, a successful transformation of the economic growth model, or even higher investments into clean energy.