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2012 Act no. 70 on Climate Change

legislation type Legislative
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.


  • Net zero by 2040
    Economy-wide | Fixed level target | Target year: 2040 | Base year: 2021
from the Grantham Research Institute
from the Grantham Research Institute
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