G7 nations to reduce global GHG emissions by 43% by 2030, 60% by 2035

The G7 climate change, energy, and environment ministers of rich nations wrapped up their two-day meeting in Sapporo with an agreement to drastically expand offshore wind power by 2030, but stopped short of endorsing a 2030 deadline for phasing out coal and leave the door open for continued investment in fossil gas.

At a meeting hosted by Japan, the G7 countries set the urgent need to reduce global GHG emissions by around 43 per cent by 2030 and 60 per cent by 2035 aligned to 1.5 degrees Celsius and in light of the most recent IPCC report.

The G7 countries commit to “fully” or “predominantly” decarbonise their power grids no later than 2035 and accelerate the phase-out of domestic unabated coal power.