The revised goals bring Norway in line with the EU’s 2030 carbon reduction targets.
Norway has increased its objective of reducing climate-related emissions by 55 per cent by 2030 from 1990 levels.
This change in the reduction of emissions has been increased from a prior goal of between 50 per cent and 55 per cent, which was submitted by the country in 2020. The announcement was made by the government ahead of the UN COP 27 summit, which is taking place in Egypt this month.
The new upgraded targets put Norway in line with the EU´s goals for emission reduction by 2030 and 2050, from the 1990´s baseline levels, after the EU upgraded its climate policies for the bloc.
Norway’s updated climate target “sends a strong signal to other countries, and we hope more will reinforce their goals”, the country’s prime minister Jonas Gahr Store said.
The EU bloc has a legally binding target of 55 per cent emissions reduction by 2030. The country aims to keep a track of the policies through a climate package known as “Fit for 55.”
Norway also plans to address climate adaptation and loss as well as damage due to climate change at the UN Cop 27 summit. Asides from this, the country plans to focus on increased climate finance for developing countries.
“Developing countries are asking for help to adapt to climate change, and Norway must at least triple aid for this. In Egypt, among other things, we will conclude agreements on support for renewable energy, food security and meteorological services,” said Anne Beathe Tvinnereim, Norway´s Development minister.
Meanwhile, the United Nations also announced recently that updated plans for emission reduction were not enough to limit climate change. It suggested that much more efforts were required, if the countries were to reduce the increase of global temperature by 1.5 degrees Celsius.
Thank you for taking the time to read this article, do remember to come back and check out the EuroNews247 website for all your up-to-date European news stories.