WASHINGTON//LONDON (December 4, 2020) — The United Kingdom has announced it will cut its greenhouse gas emissions at least 68% by 2030 below 1990 levels as part of its national climate commitment under the Paris Agreement. This commitment is consistent with the UK government's domestic legal target to reach net-zero emissions by 2050. The announcement comes days after the United Kingdom government announced that it will temporarily reduce its overseas aid as a share of GDP from 0.7 to 0.5 percent.
Following is a statement from Dr. Andrew Steer, President & CEO, World Resources Institute:
“This bold emissions reduction target is very encouraging. It demonstrates that the UK is gearing up to be a pacesetter on the road to a net-zero future. In doing so, the government is showing that it understands the new economy that can be created by smart climate action. The UK will now benefit from the job growth and economic opportunities of a clean, high-efficiency and equitable economy.
“The UK government deserves great credit for setting a strong 2030 emission reduction target that aligns with a path to achieve the goal of reaching net-zero emissions by mid-century. It is, however, highly regrettable that it was preceded last week by the UK’s announcement that it will sharply reduce its overseas development assistance at a time when it is needed most.
“As we approach the five-year anniversary of the Paris Agreement, the spotlight is turning to the United Kingdom as the President of COP26. Today’s announcement sets a high bar that others must follow. It must be matched with increased finance for those countries urgently needing help. This will build trust for a successful COP and help ensure that all countries thrive in the new climate economy.”