The Israeli Ministerial Committee for Legislation has approved the country’s first Climate Bill, which aims to reduce greenhouse gas (GHG) emissions in 2030 by at least 27% compared to 2015 level and to reach carbon neutrality by 2050. The draft legislation must now go through the Knesset.
CO2 emissions related to energy combustion decreased by 2.9%/year on average since their 2012 peak (75 Mt), reaching 59 Mt in 2020, the lowest level since 2001. This decrease is mainly due to the reduction of the share of coal in the power mix (-35% points between 2012 and 2020). In its updated NDC submitted in 2021, Israel set an emissions target of 58 MtCO2eq in 2030 (corresponding to a reduction of 29%). The country also committed to cut emissions by at least 85% by 2050 compared to 2015 levels. In February 2022, the Israeli Ministry of Environment released a new renewable energy roadmap, targeting 40% of renewables in the country's power mix by 2030. To reach the new objective, Israel would have to instal between 18 GW and 23 GW of solar projects along with 5.5 GW / 33 GWh of storage capacity.
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