Digital Transformation and Rule of Law Based on Peak CO2 Emissions and Carbon Neutrality

Summary: This paper investigates the spatial effect of institutional quality on energy efficiency using a panel data of 99 countries (economies) from 1995 to 2016. The results confirm the positive impact of institutional quality on energy efficiency and suggest that being close to countries with good institutional framework has a positive effect on domestic energy efficiency.

Summary: China has made significant reductions in CO2 emissions, achieving objectives outlined in Nationally Appropriate Mitigation Actions and Nationally Determined Contributions. However, China still faces challenges in reaching peak CO2 emissions before 2030 and achieving carbon neutrality before 2060. Achieving these goals will require increasing non-fossil energy share, deploying negative-emission technologies, promoting low-carbon development regionally, and establishing a nationwide 'green market'.