President Biden is about to kickoff a virtual climate change summit with 40 world leaders. Many are expected to announce fresh green goals

The US will pledge to cut GHG emissions by 50%-52% from 2005 levels by 2030. That's roughly double Obama's target https://www.bloomberg.com/news/articles/2021-04-22/biden-pushes-carbon-plan-to-world-burned-by-trump-leery-of-risk?sref=DLVyDcXJ

Japan Prime Minister Suga will pledge to cut GHG emissions by 46% from 2013 levels by 2030. Previous target was a 26% reduction

Still, environmentalists said Japan needed a target of at least 60% to keep global temperatures from rising more than 1.5C https://twitter.com/SStapczynski/status/1385167661697355777?s=20

This is also worth remembering as nations announce new goals today https://twitter.com/AkshatRathi/status/1385163629717229568?s=20

And we’re off

“No nation can solve this crisis on their own. All of us have to step up. And for those that do take action and make bold investments in their people’s clean energy future will win the good jobs of tomorrow”

Next up is President Xi, who reiterated goal to peak CO2 emissions before 2030 and hit net-zero by 2060

“I’m confident that as long as we unite in our efforts, we will rise above the global environment and climate challenges”

China accounts for 30% of global emissions

Prime Minister Modi said India welcomes partners to help build sustainability

However, he didn’t present any new target or green goal. Bloomberg reported that the government is considering a net-zero target for around 2050

https://www.bloomberg.com/news/articles/2021-03-17/india-considers-net-zero-goal-around-2050-a-decade-before-china?sref=DLVyDcXJ

Prime Minster Boris Johnson reiterated a recently announced goal to cut UK carbon pollution by 78% by 2035 from 1990 levels

He said that Biden’s new target will be game changing in efforts to limit warming

https://www.bloomberg.com/news/articles/2021-04-20/u-k-plans-deeper-carbon-cut-to-give-momentum-to-climate-fight?sref=DLVyDcXJ

Prime Minister Trudeau boosts Canada’s emissions reduction target to 40%-45% by 2030 from 2005 levels

“We’re not going to stop until we get to 100%” emissions free electricity, he says

Germany’s Merkel reiterates the EU climate target of 55% reduction in emissions by 2030 compared with 1990 levels

“CO2 pricing is the way forward,” she said

https://www.bloomberg.com/news/articles/2021-04-20/eu-drafts-set-of-laws-to-green-everything-from-trade-to-energy?sref=DLVyDcXJ

Russia’s Putin said they’re testing a carbon pricing system in Sakhalin, and sees the region becoming carbon neutral by 2025

“We're all interested in redoubling the international effort to addressing this issue, since our success will determine the future of our planet."

France’s Macron talks about the importance of carbon pricing

“If we don’t set a price for carbon, there won’t be an energy transition”

“We need to completely transform our finanical system”

A few announcements from South Korea’s President Moon:

> they will halt state funding of overseas coal power plants (they’ve invested in a number of plants in SE Asia)

> they will set a new 2030 emissions target in 2H 2021

Indonesia President Widodo says they’re accelerating pilot projects for net-zero emissions

“Global partnership must be strengthened to reach net zero emissions”

South Africa’s Ramaphosa reiterated the nation’s 2030 emissions reduction goal. He also had some kind words for Biden

“We are all so excited to have the United States back working with all of us to tackle the global challenge of climate change.”

https://www.bloomberg.com/news/articles/2021-03-30/south-africa-speeds-up-plans-to-reduce-carbon-emissions?sref=DLVyDcXJ

Brazil’s Jair Bolsonaro said a few things worth noting:

> Pledges to become climate neutral by 2050, bringing the goal forward by 10 years

> End illegal deforestation by 2030 (note: they previously agreed to end deforestation by 2020)

Australia Prime Minister Morrison had a few things to say about hydrogen https://twitter.com/bjlefebvre/status/1385234216959496196?s=20