Norway’s emission reduction target
As part of a global and comprehensive agreement for the period beyond 2012 whereby major-emitting Parties agree on emission reductions in line with the objective of a maximum 2 °C global temperature rise, Norway will move from its initial pledge of an emission reduction target of 30 per cent by 2020 compared with 1990 levels to a target of a 40 per cent reduction for the same time frame.
An important feature of Norwegian climate change policy is the flexible and cost-effective Kyoto Protocol based approach. The continuation of the Kyoto Protocol or its basic elements as part of a future framework, in particular the availability of flexibility mechanisms for compliance with emission reduction commitments, is therefore an underlying premise for Norway’s emission reduction target. Norway underlined the importance of pursuing various approaches, including opportunities to use markets, as stated in paragraph 7 of the Copenhagen Accord.
Quantified economy-wide emission reduction targets for 2020
|
Base year
(CO2,
CH4 and N2O)
|
Base year
(HFCs,
PFCs and SF6)
|
Base year (NF3)
|
LULUCF included
and accounting approach used
|
Market-based mechanisms under
the Convention
|
30% (unconditional);
40% (conditional) both relative to 1990
|
1990
|
1990
|
2000
|
Yes – activity based
|
Yes
|
Source: As communicated to the secretariat and contained in document FCCC/SBSTA/2014/INF.6, unless otherwise specified.
