Canada’s 2030 Emissions Reduction Plan - Conclusion
Decarbonizing the economy and achieving net-zero emissions will be one of the most important undertakings in Canada’s history. Meeting Canada’s 2030 NDC of 40-45% below 2005 levels is an important milestone on this journey, and an opportunity to ensure that the conditions are right to improve competitiveness, maintain quality of life for Canadians, and seize the emerging economic opportunities presented by the transition. While the costs of climate change are increasingly being felt by Canadians, Canada can continue to steer a course towards being a leader in the global economic competition to net-zero models of business, instead of missing the opportunities.
This 2030 ERP, and the suite of measures, investments, and policy signals contained within it, position Canada to achieve its 2030 target of 40% as a starting point, and create sustainable jobs across the economy. In the coming years, the Government of Canada will continue to move forward with new measures to help Canada increase its ambition in each sector of the economy. However, Canada’s path to 2030 and beyond will not be linear. This 2030 ERP is a living document, and will evolve in the coming years as Canada’s emissions reduction trajectory also evolves.
As measures are implemented, new technology is deployed, other levels of government continue to enhance their ambition, the financial sector transforms, and businesses and individuals respond to these changes, the pathways to 2030 and 2050 will become more certain. It is clear that more will be revealed over time about the remaining steps Canada will need to take to meet its climate objectives and, to this end, the Government will continue to provide transparent and consistent updates on progress to implement the measures outlined in this 2030 ERP through the 2023, 2025, and 2027 progress reports. Along the way, the Government will refine Canada’s projections to 2030, as emissions inventory data is updated and new opportunities take shape. The Canadian Net-Zero Emissions Accountability Act will ensure that Canada’s climate planning and reporting remains transparent and accountable, regardless of changes in Government down the road.
This 2030 ERP is about taking action to support all Canadians— including those who are feeling the impacts of climate change, concerned about the security of future generations, and looking to decision-makers to build a prosperous future. It is with all Canadians in mind that the Government establishes this first ever ERP— a plan to not only reduce GHG emissions, but to do so in a way that ensures all Canadians can benefit from the opportunities in growing our clean economy, while ensuring Canada is on its way to net-zero by 2050.
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