The Climate Change (Emissions Reduction Targets) (Scotland) Act 2024 is aimed at advancing Scotland’s climate change objectives by setting rigorous carbon budgets. This act modifies the Climate Change (Scotland) Act 2009 and replaces previous emissions reduction targets with a structured carbon budgeting approach over five-year periods.
The Act introduces a series of Scottish carbon budgets that dictate the allowable greenhouse gas emissions over set periods, progressively reducing emissions towards net-zero targets. This legislative framework is designed to guide both governmental policies and industry practices towards achieving Scotland’s environmental goals. The Act compels businesses to adopt more sustainable practices, aligning economic activities with environmental priorities. The Act not only underscores Scotland’s commitment to fighting climate change but also promotes a sustainable future through stringent regulatory measures and compliance benefits.
The Climate Change (Emissions Reduction Targets) (Scotland) Act 2024 was recently passed by the Scottish Parliament and received Royal Assent, making it currently in force.
Benefits of compliance may include:
