These Measures were adopted by the National Development and Reform Commission on 17 March 2023, and came into force on 1 June 2023. The Measures were formulated in accordance with the Energy Conservation Law, the Administrative Licensing Law, the Regulation on Energy Conservation of Civil Buildings, and the Regulations on Energy Conservation of Public Institutions.&nbsp;
The Measures aim to improve energy consumption and strengthen energy management and efficiency in fixed-asset investment projects, in order to help realise China's target for carbon peaking. The Measures set out the assessment/examination procedures for fixed-asset investment projects (both public and private) in relation to energy conservation. For example, government investment projects must obtain energy conservation examination opinions before submitting a feasibility study report.&nbsp;

Measures for the Energy Conservation Examination of Fixed-Asset Investment Project

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Order approving the Measures

Entered into force

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Justice is the ethical and political framework that addresses fairness, including issues of responsibility, rights, and structural inequity.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

Fossil gas, commonly known as natural gas, is a fossil fuel consisting chiefly of methane with smaller amounts of other hydrocarbons and trace gases, found in underground deposits.

The activities of industries that transforms raw materials into finished goods through industrial processes.

Activities that involve planning, designing and building infrastructure, residential, and commercial structures.

Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

Order approving the Measures

Fossil fuel

Economic sector