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This year, Canada introduced its 2030 Emissions Reduction Plan , which aims to achieve 40-45% emissions reductions below 2005 levels by 2030. Since 2019, every jurisdiction in Canada has imposed a price on carbon pollution. The result, according to Trudeau, is “not, as some foretold, the end of the Canadian economy as we know it.
C as possible, experts say. The IPR forecasts that climate policies put in place since COP26 set the world on a 1.8°C C temperature pathway. Last year, the UN Environment Programme’s (UNEP) ‘ Emissions Gap Report ’ said climate policies enacted worldwide could result in 2.8°C C of global warming by 2100 – and between 2.4-2.6°C
“The passing of the IRA sends a long-term signal to the investment market that the US is unambiguously committed to moving towards a clean energy future,” Bryan McGannon, Director of Policy and Programmes for the US SustainableInvestment Forum (US SIF), tells ESG Investor. .
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