Shaanxi province marked China’s 14th National Low Carbon Day on June 16 by publishing a comprehensive review of its climate and emissions performance under the 14th Five-Year Plan (2021–2025). The report, launched at a ceremony in Xi’an, documented progress across air quality, energy transition, and carbon market operations.
On the carbon market front, the province’s 69 designated heavy emitters achieved 100% compliance with their emissions obligations for the fourth year running, accumulating quota transfers totalling 21.47 million tonnes CO₂e over the plan period. Officials stated that participation in trading helped covered enterprises reduce their abatement costs by more than 2.1 billion yuan in aggregate. Separately, the provincial carbon-inclusivity platform “Carbon Hui San Qin” continued routine operations, and two new carbon-inclusivity methodologies were formally released at the event.
Shaanxi also reported that its renewable energy installed capacity reached 65.12 GW by end-2025, approximately 1.7 times the level at the close of the 13th Five-Year Plan, while the Xixian New Area climate-finance pilot attracted 12.7 billion yuan in green loans. A climate-adaptation case study from Tongchuan city was said to have been featured at the China pavilion of a UN climate conference. The province described its goal as establishing a low-carbon development benchmark for western China.
Carbon Market Context
- *In-house research note:* The in-house market snapshot (topic query: emissions trading scheme) covers the global voluntary carbon market across all pathways, totalling approximately 4.35 billion tCO₂e registered, 2.78 billion issued, and 1.55 billion retired. Shaanxi’s report relates to China’s mandatory national ETS compliance; these figures are not directly comparable but provide a sense of global market scale.
- *In-house research note:* The related policy discourse in the research references China’s position statements at the UN Climate Action Summit (Ministry of Ecology and Environment, 2019), which provides background on China’s longstanding international climate engagement — consistent with the source’s mention of Tongchuan’s case reaching a UNFCCC venue.
Source
- 陕西晒 “十四五” 低碳成绩单，碳市场履约率连续四年保持满分碳交易网 (Tanjiaoyi.com), 2026-06-18