The Net-Zero Advisory Body, NZAB, is a group of experts mandated to engage with Canadians and give independent advice on how Canada can achieve its goal of net-zero greenhouse gas emissions by 2050.
Members from Canada's Net-Zero Advisory Body will be attending the 29th annual United Nations Climate Change Conference of the Parties (COP), taking place this year in Baku, Azerbaijan, from November 11 to 22. The NZAB is hosting an event at the Canadian Pavilion on November 16.
Panelists will share perspectives and experiences with carbon budgets, which have been implemented in several countries to better track the effect of policy decisions on the climate and the consequences of delaying action. Carbon budgets specify the total greenhouse gas emissions permitted over a period of time to limit a specific global temperature increase. Akin to a household budget, national carbon budgets can help ensure countries “spend only what they can afford” by tracking cumulative emissions or “expenses” over time and allocating them based on the remaining greenhouse gas emissions in the budget.
The panel will include remarks from Catherine Stewart, Canada’s Ambassador for Climate Change, and feature our co-chair Simon Donner and member Catherine Abreu along with Ben Rhodes, head of the International Climate Councils Network Secretariat, Heleen de Coninck, vice-chair of the Netherlands Scientific Climate Council, and Piers Forster, chair of the UK Climate Change Committee. The panelists will share their perspectives and experiences with carbon budgets, discuss their scientific basis, and identify how carbon budgets can be used alongside other measures to track emissions and communicate national progress towards achieving global climate objectives.
Ottawa, Canada, September 26, 2024 –The Net-Zero Advisory Body (NZAB) advises the federal government to redouble its efforts and implement new measures to reach its 2030 climate target and adopt a 2035 target and tools comparable to trading partners.
In a new report, “Climate’s Bottom Line: Carbon Budgeting and Canada’s 2035 Target”, the NZAB recommends developing a national carbon budget—the total greenhouse gas emissions that Canada will emit over time. Carbon budgets are used by other countries to better track the effect of policy decisions on the climate and the consequences of delaying action.
Alongside the carbon budget, the NZAB recommends that Canada adopt a 2035 emissions target of 50-55% reduction below 2005 levels. The proposed target meets the Paris Agreement requirement to increase ambition, and will help Canada keep paces with the ambitious climate goals of its G7 partners. Meeting the target will require greater ambition on decarbonization from the federal government, and also from provinces, territories, municipalities, and the private sector.
In a companion report “Closing the Gap: Reaching Canada’s 2030 Emissions Target”, the NZAB advises the federal government on how the country can achieve its 2030 target, of a 40-45% reduction below 2005 levels. The report highlights five key areas of action: 1) Finalize existing policy measures, 2) Address negative interactions between policies, 3) Strengthen industrial carbon pricing, 4) Secure additional reductions from the oil and gas sector, and 5) Pursue a small number of additional high-impact actions. These complementary actions will give Canada the best chance of meeting its target.
The reports were developed in response to requests from the Minister of Environment and Climate Change, and with the support of research from the Canadian Climate Institute.
Canada committed to reduce GHG emissions by 40–45% below 2005 levels by 2030 as its Nationally Determined Contribution (NDC) under the Paris Agreement. The 2030 target is established in legislation through the Canadian Net-Zero Emissions Accountability Act. The Act also requires Canada to announce its 2035 target by December 1, 2024.
The 2030 and 2035 targets are crucial milestones to ensure Canada is on the right path to achieve net-zero GHG emissions by 2050. Net-zero refers to the balance between the amount of greenhouse gas (GHG) that is produced and the amount that's removed from the atmosphere. Efforts to mitigate climate action over the next decade will be critical to setting Canada up for success on our pathway to net-zero.
Quick Facts
NZAB is mandated under the Canadian Net-Zero Emissions Accountability Act to engage Canadians and provide independent advice to the Minister of Environment and Climate Change with respect to achieving Canada’s target of net-zero emissions by 2050.
NZAB members are appointed by the Governor in Council and bring together a diverse range of expertise. The NZAB provides independent advice to the Minister based on the best available scientific information and knowledge, including Indigenous Knowledge.
“The 2035 target is a crucial milestone on Canada’s pathway to reaching net-zero emissions by 2050. Our efforts to mitigate climate change over the next decade will be critical to setting Canada up for success on our pathway to net-zero, including realization of benefits such as jobs in the growing renewable energy sector, more affordable and reliable electricity, and improved health through cleaner energy.”
~Sarah Houde, NZAB Co-Chair
“The Government of Canada has made significant progress on climate action to reduce emissions over the past eight years since signing the Paris Agreement in 2016. However, more aggressive and sustained action is necessary to reach our 2030 emissions target and to shift to a long-term net-zero pathway. Our advice focuses on how to finish what has been started, improve what exists, and then implement new policies.”
On October 10, 2024, join the Canadian Climate Institute and the Net-Zero Advisory Body for our fourth annual national climate conference, The Net-Zero Edge: Navigating the New Realities for Canadian Competitiveness.
Date: Oct 10, 2024
Event details: This full-day conferencetakes place in-person in Ottawa and will be live-streamed online to enable participation from across the country.
In-person attendance is by invitation only due to limited capacity but you can reserve your complimentary virtual spot today (log-in details will be sent closer to the date).
Full agenda coming soon but here is a sneak peek at some of the great speakers who will be presenting:
Brian Deese, Former Director of the White House National Economic Council
Michael Sabia, President & CEO, Hydro Québec
Ivette Vera-Perez, CEO, Canadian Hydrogen Association
Hillary Thatcher, Managing Director, Investment: Indigenous and Northern Infrastructure, Canada Infrastructure Bank
Kwatuuma Cole Sayers, Executive Director, Clean Energy BC
Our speakers will share a diverse range of perspectives on how Canada can thrive as the shift to net zero accelerates around the world.
Stay tuned to our social media channels on X and LinkedIn for updates.
Concrete solutions that the Government of Canada should implement to ensure that Canada benefits from a carbon-neutral global economy, accelerates the achievement of a carbon-neutral economy and generates clean prosperity for generations to come.
