Prime Minister supports climate action initiatives at Major Economies Forum

OTTAWA (ON), June 17, 2022 /CNW/ – The Prime Minister, Justin Trudeau, today participated in the Major Economies Forum (MEF) on Energy and Climate, chaired by the United States, to advance collective action on climate change. During the meeting, Canada endorsed new initiatives to reduce pollution, while creating jobs and growing the economy, and called on major economies to strengthen or adopt pollution pricing.

The Forum, led by the President of United States, Joe Bidenfocused on gaining support from the world’s major economies in five key areas: accelerating sales of zero-emission vehicles, reducing methane emissions from oil and gas, supporting clean energy technology demonstration projects, greening international maritime transport and strengthening food security.

One of the best ways to reduce pollution – while helping people save money and improving energy security – is to put more zero-emission vehicles (ZEVs) on the road. At the MEF, Canada helped advance the collective 2030 zero-emission vehicle goal that ZEVs should account for at least half of passenger vehicle sales by 2030. from Canada its own target exceeds this target and aims for at least 20% of new light-duty vehicles offered for sale to be ZEVs by 2026, at least 60% by 2030 and 100% by 2035.

Today, as part of from Canada $5.3 billion climate financial commitment, Prime Minister Trudeau announced that Canada will provide $2 million over the next four years, starting this year, to fund methane mitigation projects in developing countries. Canada is also leading the way in reducing methane emissions from oil and gas – a critical climate solution. Canada was one of the first countries to publish national regulations targeting methane emissions from the oil and gas sector and was the first country to commit to reducing methane emissions from oil and gas by at least 75 % by 2030.

In addition to these initiatives, Prime Minister Trudeau called on all countries to put in place pollution pricing which, in Canada reduces emissions while making life more affordable for families. As part of the Global Carbon Pricing Challenge, Canada continues to build support around the goal of covering 60% of global emissions by pricing carbon pollution by 2030.

“Canadians have been clear about what they want: clean air, a healthy environment and a strong economy. We look forward to working with the United States and the international community to COP27 summit to continue to deliver on these important priorities and secure a better future for all. We are all committed to climate action. Now is the time to keep those promises.”
The Rt. Hon. Justin Trudeauprime minister of Canada

Fast facts

  • In his address to the MEF, the Prime Minister expressed from Canada full support for the Clean Energy Technologies Demonstration Challenge and its collective commitment to $90 billion to complete urgent clean energy technology demonstration projects during this decade.

  • The Prime Minister announced that Canada supports the Green Shipping Challenge. Canada has already shown leadership in tackling marine emissions by signing the Clydebank Declaration and the Zero Emissions Shipping Declaration.

  • The Prime Minister also pointed out from Canada supporting the goals of the Global Fertilizer Challenge and working with other countries to further define this initiative. Canada has long been committed to strengthening global agriculture and food systems, and our efforts are increasingly focused on reducing emissions and adapting to climate change, including through more efficient use of fertilizers.

  • From May 31, 2022, the Incentives for Zero-Emission Vehicles program has helped Canadians buy or lease more than 150,000 new ZEVs. Proposed 2022 budget to invest $1.7 billion to continue the program.

  • Canada pledged last fall to abide by the Global Methane Pledge, which sets the goal of reducing global methane emissions by at least 30% below 2020 levels by 2030. Canada also co-chairs the Global Methane Initiative. Today the Prime Minister pointed out from Canada full support for the Global Methane Pledge Energy Pathway to catalyze reductions in methane emissions in the oil and gas sector, advancing both climate progress and energy security.

  • The government of from Canada The 2030 Emissions Reduction Plan is an ambitious and achievable sectoral approach to Canada to meet its climate target of reducing emissions by at least 40-45% below 2005 levels by 2030, and to put us on track towards our goal of reaching net zero emissions by 2050.

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Melvin B. Baillie