Iceland will fulfil its commitments and more
– Reykjavik, June 23, 2020.
With the measures presented today, Iceland is expected to achieve a 35% reduction in greenhouse gas emissions by 2030 – The binding Effort Sharing reduction target to meet the commitments of the Paris Agreement requires 29% reduction.
According to rough estimates, additional measures currently under development could result in a further decrease of 5-11%, bringing the total reduction in emissions to 40-46% compared to 2005 levels.
48 measures, 15 of them are new
Prime Minister Katrín Jakobsdóttir, Minister for the Environment and Natural Resources Guðmundur Ingi Guðbrandsson, Minister of Finance Bjarni Benediktsson and Minister of Transport and Local Government Sigurður Ingi Jóhannsson presented the second version of the Climate Action Plan today.