"Finland has passed arguably the world’s most ambitious climate target into
law. It aims to be the first developed country to reach net zero, in 2035, and
net negative – absorbing more CO2 than it emits – by 2040.
According to Net Zero Tracker
, only South Sudan has a more ambitious net zero
date than 2035 and, as a developing country, its 2030 target is highly
dependent on international finance.
The target was set based on analysis by a group of independent economists from
the Finnish climate change panel. They worked out what Finland’s fair share was
of the 420 GT of carbon dioxide that the world can emit and still have a
two-thirds chance of limiting global warming to 1.5C.
The panel based this fair share on Finland’s share of the global population,
its ability to pay to reduce emissions and its historic responsiblity for
causing climate change. It is believed to be the first target to have been set
in this way.
Finland’s environment minister Emma Kari told Climate Home
it was “very
important” that the target was set with researchers and people from the climate
science community. She added: “High income countries have to take a progressive
and active role when it comes to tackling climate change.”"
Via Ayse Asalioglu at Cash App.
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics