Iceland

2012 Act no. 70 on Climate Change

Legislative

Law

Adaptation Framework

Mitigation Framework

Passed in 2012

The objectives of this act are to reduce greenhouse gas emissions economically and efficiently, to increase the binding of carbon from the atmosphere, to promote adaptation to the effects of climate change, and to create conditions for the government to cope with Iceland's international commitments on climate issues. The Environment Agency conducts the implementation of this Act and takes the administrative decisions it is required to take in them. The Agency must also account for greenhouse gas emissions and carbon emissions from atmospheric emissions in accordance with Iceland's international commitments in this area. Article 5 discusses a climate action plan to be prepared by the minister in charge.

Since its approval, this Act was amended a number of times.

Documents

Climate targets in this law

1 target

Net zero by 2040

Economy-wide | Fixed level target | Target year: 2040 | Base year: 2021