2030 Federal GHG Emissions Reduction Plan & Funding Commitments

On March 29, 2022, the federal government issued the first carbon Emissions Reduction Plan (2030 Plan) under the Canadian Net-Zero Emissions Accountability Act.

The 2030 Plan notes that “at current rates, global warming of 1.5 °C will likely be reached between 2030 and 2052, and it is only with “urgent, deep reductions in greenhouse gas (GHG) emissions” that global warming can be limited to below 2 °C. The effects of climate change will be acutely felt in Canada as it is warming at twice the global average, with the North warming three times as fast.

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