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Canada caught between climate obligations and dissent at home

Corporate Knights

Under the 2021 Net-Zero Emissions Accountability Act, Ottawa must publish targets for 2035 by December 1, and Environment Minister Steven Guilbeault has confirmed the government will release the proposed targets on schedule.

Net Zero 309
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India Commits to 45% Emissions Intensity Reduction by 2030

ESG Today

NDCs are a major part of countries’ obligations under the Paris Agreement, outlining their interim commitments on the pathway to net zero. The updated NDC represents the framework for India’s cleaner energy transition for the 2021-2030 period and marks a step towards the country’s goal to reach net zero by 2070.

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Canada Sets Goal to Reduce Greenhouse Gas Emissions by 45% – 50% by 2035

ESG Today

The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis. C.Canada submitted its last NDC in 2021, with a target to cut emissions by 40% 45% by 2030, on a 2005 base.

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Australia Moves to Enshrine Climate Targets into Law

ESG Today

Targets under the proposed legislation include greenhouse gas emissions reductions of 43% by 2030, compared to 2005 levels – reflecting the government’s recently updated Nationally Determined Contribution commitment under the Paris Agreement – and the achievement of net zero emissions by 2050.

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Companies Can Do More To Help Everyday People Reduce Emissions

3BL Media

Only urgent, short-term actions can deliver the temperature targets fixed in the Paris Agreement. Ireland, for example, cut greenhouse gas emissions by 42 percent from 2005 to 2020 while growing its economy by 81 percent, outgunning most of the major developed economies.

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Commodity AND Security

Chris Hall

When global leaders gathered at COP26 last year, governments pledged ambitious 2030 emissions reduction targets to achieve net zero by 2050. Both launched in 2005 after the Kyoto Protocol, these systems led to the monetisation and commodification of carbon via the ‘cap-and-trade’ mechanism.

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A Voluntary Distraction

Chris Hall

Kevin Conrad, Executive Director of the Coalition for Rainforest Nations, says compliance carbon markets offer more effective support to the goals of the Paris Agreement. The Global Stocktake is a key process established under the Paris Agreement scheduled to take place at COP28 in Dubai.