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Government Decision 171/2021 "Transition to a Low Carbon Economy" amending Decision 542/2015

2021PolicyMitigation
Sectors: Economy-wide
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

Main document

Government Decision No. 171 of 25.07.2021
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Other documents in this entry

Government Decision No. 542 of 20.09.2015
amendmentHTMLDocument preview is not currently available

Targets (11)

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  • Set a national target for reducing greenhouse gas emissions for the year 2050, which is that the annual amount of greenhouse gas emissions in 2050 will be reduced by at least 85% of the annual amount measured in 2015Economy-wide · Target year: 2050
  • national target for reducing greenhouse gas emissions by 2050, which is that the annual amount of greenhouse gas emissions in 2050 will be reduced by at least 85% of the annual amount measured in 2015. Accordingly, the annual amount of greenhouse gas emissions in 2050 will be about 12 million tons.Economy-wide · Target year: 2050
  • Update the national target for reducing greenhouse gas emissions by 2030 set by Government Decision 542 so that the annual amount of greenhouse gas emissions by 2030 will be reduced by at least 27% from the annual amount measured in 2015, which stood at 79 million tonnes. Accordingly, the annual amount of greenhouse gas emissions in 2030 will be about 58 million tons.Economy-wide · Target year: 2030
  • greenhouse gas emissions in 2050 will be reduced by at least 85% of the annual amount measured in 2015.Economy-wide · Target year: 2050
  • greenhouse gas emissions by 2030 will be reduced by at least 27% from the annual amount measured in 2015Economy-wide · Target year: 2030

Timeline

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Note

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The summary of this document was written by researchers at the Grantham Research Institute. If you want to use this summary, please check terms of use for citation and licensing of third party data.