Forecast investment demand for energy transition in China 2021-2060, by area/sector
In order for China to reach carbon neutrality, the country need an investment of roughly 13.8 billion U.S. dollars between 2021 and 2060 in its power and transport sector. The transport sector is expected to account for nearly 70 percent of the total investments. Within this sector, the largest portion is considered for electrification and fuel switch, with some 7.4 trillion U.S. dollars. The electricity sector, including generation and grid, has a forecast investment of nearly 4.3 trillion U.S. dollars.