Net-Zero Advisory Body’s Annual Report

Today, Canada’s Net-Zero Advisory Body (NZAB) released its Compete and Succeed in a Net-Zero Future report to the Minister of Environment and Climate Change.

The report provides concrete solutions the Government of Canada should implement through the mobilization of all parts of society to ensure Canada benefits from a global net-zero economy, accelerates the attainment of a net-zero emissions economy, and generates clean prosperity for generations to come.

Specifically, the report includes 25 recommendations across the NZAB’s three lines of inquiry identified for 2022-23:

  1. Net-Zero Governance: Building on advice for the 2030 Emissions Reduction Plan, the NZAB focused on the capacity, structures and accountabilities that will be required to achieve the whole-of-society transformation to net-zero emissions, notably with respect to modelling Canada’s pathway to net-zero.
  2. Net-Zero Industrial Policy: Under this line of inquiry, the NZAB examined the institutional structures required to develop and implement a net-zero industrial policy that will ensure that Canada grasps the benefits of the net-zero transition and competes in a global net-zero economy.
  3. Net-Zero Energy Systems: Decarbonizing energy systems is critical to achieving net-zero. The NZAB began investigating ways to transform energy production and adapt energy use and demand. Recognizing the complexity of the energy transition, the NZAB’s work for 2022 focused on electrification and foundational advice for the future composition of energy systems in 2050.

The recommendations in this report are grounded in the ten foundational values and design principles for pathways to net-zero, as set out in NZAB’s first publication, Net-Zero Pathways: Initial Observations. This annual report also builds on the 40 pieces of advice provided in the Submission for Canada’s 2030 Emissions Reduction Plan.

Originally launched in February 2021 and formalized under the Canadian Net-Zero Emissions Accountability Act in June 2021, the NZAB’s legislated mandate is to provide independent advice to the Minister of Environment and Climate Change with respect to achieving net-zero emissions by 2050.

The legislation requires the Minister of Environment and Climate Change to respond to the NZAB’s annual report within 120 days. The NZAB will continue to deepen its advice in 2023.

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