Lebanon Businessnews News
 

Higher target set for
cutting carbon emission
Cabinet decides 30 percent reduction by 2030
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In a submission to the United Nations (UN), the government has increased its target to cut national carbon emissions from 20 percent to 30 percent by 2030. By that date, the country aims to generate 18 percent of its electricity and 11 percent of its heating needs from renewable sources, up from a previous combined target of 15 percent.

“Lebanon will need international support to successfully overcome the economic downturn, and to sustainably rebuild its economy and the resilience of its society,” the government said.

UN climate chief Patricia Espinosa and Cop26 President Alok Sharma both welcomed Lebanon’s announcement on Twitter.

Sustainable economic growth will be boosted by creating jobs in the renewable sector, rolling out welfare programs, and protecting natural resources, according to the submission. Adaptation measures will be prioritized such as combating desertification and helping farmers increase their resilience to climate impact. Climate change is a threat multiplier to current struggles. Adverse climate impacts will add an additional layer of challenges and set back any improvement in the socio-economic status, according to a climate policy officer at the United Nations Development Program (UNDP).



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Date Posted: Mar 18, 2021