Iceland Must Reduce Greenhouse Emissions by 29% Skip to content
Photo: Golli.

Iceland Must Reduce Greenhouse Emissions by 29%

Iceland needs to reduce its greenhouse emissions by 29% compared to what they were in 2005, RÚV reports. This reduction will be in service of the Paris Agreement, which Iceland and Norway both cosigned with the European Union.

Under the terms of the agreement, as of 2030, European Union nations will reduce their carbon emissions by 40% (based on the levels they were in 1990). Although not part of the European Union, Iceland has ratified the agreement on the understanding that the country will reduce its emissions by a fiscally responsible and manageable percentage. It has now been determined that Iceland only needs to reduce emissions by 29% (based on 2005 levels) by 2030.

Per the announcement on the government website, this percentage would be higher if the target goal were only based on the country’s per capita GDP. However, allowances were made for Iceland, as the country will have to accomplish its carbon emission reduction within sectors that also operate outside of European trade structures. As the announcement explains, “Iceland is thought to have a more restricted position than many other nations in regard to the practical benefits of reducing emissions.”

Despite this, Iceland has approved a climate change strategy that still seeks to reduce emissions by the Paris Agreement levels of 40%. Prime Minister Katrín Jakóbsdóttir has taken this goal even further, setting a goal of making the country entirely carbon neutral by 2040.

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