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NetZero.VN - Net Zero Viet Nam > Events > G7 Nations Reaffirm Commitment to Decarbonize Road Sector by 2030, Aim for Net-Zero Emissions by 2050
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G7 Nations Reaffirm Commitment to Decarbonize Road Sector by 2030, Aim for Net-Zero Emissions by 2050

The Group of Seven (G7) nations issued a strong reaffirmation of their commitment to achieve a highly decarbonized road sector by 2030 and set the ambitious goal of attaining net-zero emissions on roads by 2050. In a joint statement, the G7 highlighted the various actions being taken by member countries to accelerate the transition towards sustainable transportation and combat climate change.

NetZero.VN 21/05/2023
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President Joe Biden sits with the President of Comoros, Azali Assoumani, Brazil’s President, Luiz Inacio Lula de Silva, and Canadian Prime Minister, Justin Trudeau during a G7 working session on food, health and development during the G7 Summit in Hiroshima, Japan, Saturday, May 20, 2023 (Image Credit: Reuters)

G7 Unites to Accelerate Transition to Zero-Emission Vehicles by 2035

The Group of Seven (G7) nations issued a strong reaffirmation of their commitment to achieve a highly decarbonized road sector by 2030 and set the ambitious goal of attaining net-zero emissions on roads by 2050. In a joint statement, the G7 highlighted the various actions being taken by member countries to accelerate the transition towards sustainable transportation and combat climate change.

Key Policies and Targets to Drive the Transition to a Decarbonized Road Sector

The G7’s statement emphasized the importance of comprehensive policies and targets to drive the shift towards a decarbonized road sector. One key policy highlighted was the aim to achieve 100% or near-complete penetration of zero-emission vehicles in the light-duty vehicle (LDV) category by 2035 and beyond. This ambitious target encompasses a focus on achieving 100% electrification of new passenger car sales by 2035.

To support the transition to electric vehicles, the G7 nations also pledged to promote the development of necessary infrastructure, including charging stations, and to encourage the use of sustainable and carbon-neutral fuels. This includes the promotion of sustainable biofuels and synthetic fuels that have minimal or no carbon footprint.

The G7 document further acknowledged the potential of these policies to contribute significantly to decarbonizing the road sector. It specifically highlighted the goal of surpassing a 50% global market share for zero-emission LDVs by 2030. By accelerating the adoption of zero-emission vehicles, the G7 nations aim to drive substantial reductions in greenhouse gas emissions from the transportation sector and mitigate the impacts of climate change.

The G7’s commitment to decarbonize the road sector aligns with broader global efforts to address the urgent need for sustainable and low-carbon transportation. It sends a strong signal to the international community about the importance of transitioning to cleaner and greener mobility solutions. By prioritizing the electrification of passenger cars, investing in infrastructure, and promoting sustainable fuels, the G7 nations are leading the way in transforming the road sector and paving the path towards a more sustainable future.

Nitish Verma

TAGGED:G7 nations
SOURCES:BNN
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PM Phạm Minh Chính asks for G7’s support in making Việt Nam regional centre of renewable energy

Vietnam News Agency 22/05/2023
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