Norway: Government of Norway Publishes Comprehensive Climate Report

In January 2021, the government of Norway presented its climate action plan for the transformation of Norwegian society by 2030. The plan details how Norway aims to achieve its climate targets while generating green growth. It focuses on reducing emissions by 45 percent from 2005 levels (in economic sectors that are not included in the EU Emissions Trading System (EU-ETS)) and calls for a significant increase in the carbon tax rate by 2030. For agriculture, the government of Norway has set an target to reduce carbon dioxide (CO2) emissions by 5 million tons by 2030. This target is based on an earlier agreement between the government of Norway and the agriculture sector established in 2019. In addition, the government of Norway has defined clear objectives regarding biofuel quota oblations for various modes of transport, and proposes a number of measures to enhance the uptake of CO2 by forests and to reduce CO2 emissions from land use.

Norway: Government of Norway Publishes Comprehensive Climate Report