Iceland
Iceland’s Climate Action Plan for 2018-2030 and 2020 update
Executive
Plan
Policy
Passed in 2018
The main emphasis of the document is: 1) to phase out fossil fuels in transport, 2) to increase carbon sequestration in land use, by restoration of woodlands and wetlands, revegetation and afforestation.
Climate mitigation measures will get an increase in funding of almost 7 billion Icelandic krónur in the period 2019-2023. A general carbon tax, already in place, will be gradually increased (it was increased by 50% in the beginning of 2018, and will be increased by 10% in 2019, and by 10% again in 2020).
The plan was thoroughly updated in 2020.
Documents
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515% reduction in emissions from land use (below 2005 levels) by 2030
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43% reduction in emissions from EU-ETS Aviation and heavy industry (below 2005 levels) by 2030
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66% reduction in ESR emissions for waste management (below 2005 levels) by 2030
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5% reduction in ESR emissions for agriculture (below 2005 levels) by 2030
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11% increase in ESR emissions for F-gases and chemical use (below 2005 levels) by 2030
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67% reduction in ESR emissions for energy production and small industry (below 2005 levels) by 2030
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42% reduction in ESR emissions for ships and ports (below 2005 levels) by 2030
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21% reduction in ESR emissions for land transport (below 2005 levels) by 2030
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29% reduction in ESR emissions by 2030
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29% reduction in ESR emissions (below 2005 levels) by 2030
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Carbon Neutral by 2040
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40% reduction in ESR emissions by 2030
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Net zero - Make Iceland carbon neutral before 2040
from the Grantham Research Institute
from the Grantham Research Institute
