Iceland is ranked one of the eco-friendliest countries in the world. Tell us the key plans to make Iceland a carbon-neutral country.
Iceland aims to achieve carbon neutrality before 2040 and to cut greenhouse gas emissions by 40% by 2030 under the Paris Agreement. A Climate Action Plan, updated in 2020, contains 48 actions and is Iceland‘s main policy instrument to reach its goals of cutting emissions and reach carbon neutrality.
Iceland‘s emissions profile is in many ways unusual. Almost all heating and electricity generation is provided for by renewables – hydro and geothermal energy. Iceland has great potential for carbon uptake from the atmosphere by afforestation and revegetation, and to curb emissions from soils by reclaiming drained wetlands. The biggest sources of emissions (outside land use) are industrial processes, road transport, agriculture, fisheries and waste management.