Closing the Gap: Reaching Canada’s 2030 Emissions Target

In a new report, “Climate’s Bottom Line: Carbon Budgeting and Canada’s 2035 Target”, the NZAB recommends developing a national carbon budget. Carbon budgets are used by other countries to better track the effect of policy decisions on the climate and the consequences of delaying action. Alongside the carbon budget, the NZAB recommends that Canada adopt a 2035 emissions target of 50-55% reduction below 2005 levels.

We are pleased to present our first annual report, as mandated under the Canadian Net-Zero Emissions Accountability Act (CNZEAA). This report contains 25 pieces of advice on Canada’s transition to netzero emissions by 2050, to improve net-zero governance, to actively steer the economy towards a competitive net-zero future with a modern, effective net-zero industrial policy, and to build widespread momentum for pathways to a true net-zero energy system.

The Net-Zero Advisory Body is pleased to release its second What We Heard Report. This shares our engagement efforts from 2022 and 2023, and what we heard during engagement activities, during that time.