TD Bank Group

TD Economics
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Ahead of the April U.S. climate summit, several advanced economies, including the U.S., the UK, Canada, Japan, and the
EU, announced more aggressive interim emissions reduction targets on the way to net zero by 2050. For instance, the U.S.
lifted its target to 50-52% below 2005 levels by 2030, from a previous commitment of 26-28% by 2025. Canada followed
suit citing a 40-45% emissions reduction target by 2030, from 36% previously. The...