Eight Countries Are Updating Their 2030 Climate Goals

Administration said on Thursday night, that some Countries would be planning to announce their intention to Strengthen their Climate Commitments under the Paris Agreement, but did Not specify which Countries or how many.

Eight Countries are Updating their 2030 Climate Goals: Australia, Chile, Egypt, Indonesia, Mexico, Turkey, the United Arab Emirates, and Vietnam, plan to Strengthen their Climate Goals.

The announcement comes after President Biden hosted World Leaders at a Virtual Major Economies Forum on Energy and Climate, on Friday.

At the Meeting with Major Economic Powers, Biden unveiled several other Climate Initiatives. One such Initiative, from the U.S. and EU seeks to Reduce releases of Planet-Warming Methane from the Oil and Gas sector.

Specifically, it aims to Eliminate Routine Flaring, a process where Companies burn Excess Natural Gas that’s a Byproduct of Oil Production, by 2030.

They were joined by 11 other Countries, who became “inaugural members” of this Pledge, according to the State Department. These Countries are: Argentina, Canada, Denmark, Egypt, Germany, Italy, Japan, Mexico, Nigeria, Norway, and Oman.

Biden also unveiled another Collective Goal, Countries to make 50% of New Cars sold Electric, a Target the U.S. has already set for itself.

A Senior Administration Official said that Seven Countries and the European Commission will join in this Initiative.

Biden encouraged other Countries to try to Collectively reach $90 billion in Government Investments to develop Climate-friendly Technologies.

The Initiative won the Support of Six Countries and the European Commission, the Official said.

In addition, the U.S. and Norway, launched an effort aimed at encouraging Emissions Reductions from the Shipping sector by 2050.

Nine Countries indicated Support, according to the Official.

Meanwhile, Three Countries and the European Commission, expressed Support for an effort to Lower Fertilizer Emissions and Increase its Availability.










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