Iceland´s 2020 Climate Action Plan
The Climate Action Plan is Iceland’s main instrument to reach its commitment in the
Paris Agreement, specifically its emissions reduction goals for 2030. It is also the
main instrument to reach Iceland’s stated goal of carbon neutrality by 2040. Emphasis
is put on a rapid clean energy transition in transport and increased efforts in the
LULUCF sector, where Iceland has great mitigation potential in afforestation,
revegetation and wetland reclamation. The Plan, however, addresses all major
sources and sinks, and outlines climate mitigation actions in transport, fisheries,
energy, industry, chemicals, agriculture, waste management and LULUCF. The Plan
is organized by how the measures relate to Iceland’s commitments, as well as by
sources of emissions.