The latest Emissions Gap Report from the United Nations Environment Programme (UNEP) says the new and updated climate commitments of countries across the globe fall far short of what’s needed. However, he will not be announcing new details on that cap and cut process, he said, before consulting widely at home after COP26. Additionally, he will confirm the plan to cap and cut emissions from the country’s oil and gas sector to reach net-zero emissions by 2050, a move no other oil-producing country has made. He will also be vaunting Canada’s pledge to contribute $5.6 billion to a fund to help developing nations cope with climate change. He will be confirming, “on a world stage,” Canada’s commitment, made last spring, to cut emissions to between 40 and 45 per cent below 2005 levels by 2030. in 2017 to get countries to commit to ending coal power generation by 2030.Īt a virtual news conference on Friday, Guilbeault told reporters he would not be announcing any new emissions targets or measures in Glasgow. Another priority is signing more nations to the Powering Past Coal Alliance, an initiative launched by Canada and the U.K. His main focus will be to sell the idea of an international carbon price to as many countries as possible. This advertisement has not loaded yet, but your article continues below.