Statement by Prime Minister Erna Solberg at the Climate Ambition Summit 2020, 11 December 2020.
The Paris Agreement sets out our shared path. To reduce emissions together. To build resilient and robust societies and to mobilize finance and support. While Covid-19 demands our attention this year, our promises from Paris have not changed.
Five years ago, we agreed on the Paris Agreement and its long-term goals. Best available science tells us: To reach the temperature target, deep cuts in global emissions are needed, fast.
Norway submitted its enhanced NDC in February. As one of the first countries. We will cut emissions by at least 50% by 2030, aiming towards 55% below 1990 levels. We seek to cooperate with the EU to accomplish this.
We are in process of strengthening our domestic policies to reduce emissions. They will continue to build on general carbon pricing as one of our most important measures. This will give a strong and predictable signal to reduce emissions across sectors. More than 80 per cent of Norway's emissions are covered by the European emissions trading system or subject to carbon taxes.
We recently submitted our Low Emission Strategy. Our goal is to become a low emission society by 2050. The strategy sets out our path to get there.
Norway is proud to lead on climate action. But enhanced NDCs are required from all, especially big emitters. Through strengthened ambition, cooperation and support we can deliver the goals of the Paris agreement together.