More than $5 trillion needed for China to reach carbon neutrality: Wood Mac

Heavy investment needed, with China's transport and industrial sectors identified as potential hurdles to carbon neutrality goal

China: Wood Mackenzie estimates $5 trillion worth of investment is needed for China to reach its goal of carbon neutrality by 2060 — China: Wood Mackenzie estimates $5 trillion worth of investment is needed for China to reach its goal of carbon neutrality by 2060Photo: AFP/SCANPIX

Josh Lewis

Perth

China Asia & Oceania East Asia

Published 8 October 2020, 04:09Updated 8 October 2020, 08:27