Ireland's State of the Environment Report 2024

88 Chapter 4: Climate Change Policy objectives and targets Source Target year All local authorities are required to prepare climate action plans, to be updated at least every 5 years The Climate Action and Low Carbon Development (Amendment) Act 2021 2030 Build sectoral and local-level resilience to climate change impacts National Adaptation Framework (DECC, 2024a) 2025 and 2050 Prepare revised sectoral adaptation plans The Climate Action and Low Carbon Development (Amendment) Act 2021 and National Adaptation Framework (DECC, 2024a) 2025 Pathway to meeting 2030 targets that is consistent with meeting the climate- neutrality carbon target by 2050 Annually updated climate action plans 2030 and 2050 ETS, Emissions Trading System; GHG, greenhouse gas; LULUCF, land use, land use change and forestry. Figure 4.4  Visual summary of Ireland’s climate policy objectives and targets United Nations Ireland Paris Agreement Limit global temperature rise to well below 2°C and pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels Balance GHG emissions and removals as informed by best available science Legally binding EU targets of net zero GHG emissions by 2050 A reduction of net GHG emissions by at least 55% compared with 1990 levels A reduction of 42% on 2005 levels for GHG emissions in the scope of the Effort Sharing Regulation Net emissions and removals from LULUCF by 626 kt CO 2 eq by 2030 compared with the average levels for 2016, 2017 and 2018 Climate resilient, biodiversity rich, environmentally-sustainable and climate neutral economy Reach 2030 and 2050 targets through annual climate action plans, 5-yearly carbon budgets sectoral emissions ceilings, 5-yearly, long-term, climate action strategies and a national adaptation framework Climate adaptation plans Carbon budget of 295 Mt CO 2 eq for 2021-2025 & legally binding sectoral emissions ceilings Carbon budget of 200 Mt CO 2 eq for 2026-2030 & legally binding sectoral emissions ceilings Provisional budget of 151Mt CO 2 eq for 2031-2035 2025 2035 2040 2045 2050 2100 & beyond 2030 European Union GHG, greenhouse gas.