Climate change and environmental concerns more widely have risen up the agenda in recent years. Fifteen years ago, David Cameron made it a central part of his agenda. When the Conservatives came to power, we brought our environmental agenda with us. The UK has made significant progress over the last decade and is the best performing G20 country. We have reduced carbon emissions by about 44% so far and we have ambitious policies that will achieve more in the years ahead. We were the first country to introduce a Climate Change Act which sets targets for emission reduction. We have met the first two carbon budget targets and we are on course to meet the third in a couple of years’ time. However, everyone recognises that there is more to do to achieve our targets later this decade.
Last week, the Government announced that we would adopt the recommendation of the Climate Change Committee and set the world’s most ambitious climate change target, cutting emissions by 78% by 2035 compared to 1990 levels. The is also the first time that the UK’s Carbon Budget will incorporate the UK’s share of international aviation and shipping emissions, which is an important step in truly tackling our global emissions. This announcement and the recent changes will bring the UK to more than three-quarters of the way to achieving net-zero ahead of our final target of being carbon-neutral by 2050.
In addition to this, earlier this week I hosted a Sustainable Agriculture round-table discussion. The discussion included representatives from Costa Rica, Vietnam, Morocco, Ghana, Nigeria, Ethiopia, New Zealand, Germany, the EU, Italy, the US and Brazil. The discussion explored some of the issues around sustainable agriculture and soil health which are increasingly on the agenda around the world. Furthermore, our new Agriculture Act sets out how farmers and land managers in England will be rewarded in the future with payments directed to enhance environmental assets like soils or hedgerows.
All of this forms the backdrop to the UK hosting the G7 summit in Carbis Bay in June of this year. Climate Change will certainly represent an important part of the summit's agenda. It is vital that as we build back better from the huge impact of the pandemic that we also build back greener. As we are the hosts for both COP26 in Glasgow and the G7 in Cornwall, is important that we set a high standard for our international partners. From changing the way business operates, reforming our key industries like agriculture and setting ambitious, yet achievable targets for cutting emissions, we are on a pathway to protect our precious environment for future generations.