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Carbon neutrality is an important policy in the current global response to climate change and has been widely recognized by various industries. In the process of promoting carbon neutrality, new energy plays a pivotal role. In this study, the definition and connotation of new energy and its role and specific operation in the energy transition of carbon neutrality are firstly explained. Promoting new energy development requires significant green and low-carbon investments. Taking China as an example, this paper analyzes the opportunities brought by the carbon neutral process to the field of green finance and analyzes the main features and development trends of green finance in China at present. Then this paper proposes policy recommendations to strengthen the development of green finance in China in terms of improving the green financial policy system, enhancing the supply capacity of green financial services, and optimizing the supporting environment for green financial development. Finally, this paper analyzes the measures and experiences of the United States in promoting low-carbon development and proposes countermeasures for China's low-carbon development on the basis of the five major relationships that need attention in China's carbon-neutral process. That is, strengthen the top-level design and improve the regulatory policy system; optimize the energy structure and increase the proportion of clean energy; optimize the industrial structure and reduce energy consumption in key industries; build a complete low-carbon technology system and promote low-carbon technology research and development and demonstration applications, and encourage local conditions to explore low-carbon development paths. The development of green finance can contribute to the advancement of new energy technologies, thus contributing to the achievement of carbon neutrality goals. [ABSTRACT FROM AUTHOR]

In view of the climate emergency, it is necessary to model and forecast road transport emissions for implementing more effective climate policy. This paper fills an important research gap by quantifying the challenges, barriers and remedies of achieving road transport emission reduction and air quality improvement in developing countries. It contributes to the debate on top-down and bottom-up approaches to reconcile carbon and other transport related emissions. China and India are chosen as case studies. Using various official statistics and proxy variables, we estimate and compare the road transport carbon emissions of the two countries systematically from 2009 to 2020. Insights from detailed mode-specific estimations of the bottom-up approach are valuable for targeted policies and measures. An analysis of the major components of road transport carbon emissions points to strategies of promoting electric vehicles, reducing transport demand, accelerating modal shift to low-carbon modes, and cleaner electricity to achieve climate policy. [ABSTRACT FROM AUTHOR]