The UK is no longer the most ambitious country in the world when it comes to reducing carbon emissions in the fight against climate change over the next decade.
Denmark’s Climate Minister Lars Aagaard announced this week that his government would submit a binding target to reduce emissions by 82% compared to 1990 levels by 2035. This is one point higher than the UK target set earlier this year.
And ultimately, that number could be even higher. The Danish government said in a statement that the target will be set “in the range of 82-85%.” The statement said it is prepared to allocate approximately $620 million annually to achieve its goals.
“In the times we live in, it is extremely important to send a bold and clear signal,” he said at a press conference at the COP30 climate change conference in the Brazilian city of Belem. “There is too much going wrong in this world. In Denmark, we will continue to show that ambitious climate action can go hand in hand with a competitive economy and strong social cohesion.”
Denmark is one of the most progressive countries in the European Union on climate change and has pivoted its economy to benefit from clean technologies. By comparison, the EU has submitted a pledge to the UN to reduce regional emissions by 66.3% to 72.5%. Other large economies such as India and Saudi Arabia have yet to provide updated targets.
Countries are debating a number of issues at COP30, including how to accelerate emissions reductions and roadmaps for planning the transition away from fossil fuels.
increase I will write For Bloomberg. Bloomberg staff writer Contributed by Sanne Was Go to this report.
