The Danish Climate Act is Denmark's legal obligation to achieve a 70% reduction in CO2 by 2030.
What do I need to know?
In 2020, the Danish Parliament passed the so-called Climate Act.
The general headline is that Denmark commits by law to:
- Reduce CO2 emissions by 70% by 2030 compared to 1990 levels.
- Become CO2 neutral/net zero in 2050.
The Climate Act establishes a set of framework conditions that commit the current and future Climate Minister to concrete actions. The legally binding commitment ensures that the incumbent climate minister cannot neglect his or her duties.
In addition, at the beginning of each year, the Climate Council must provide a technical assessment of whether the government is on track to achieve the Climate Act's goal.
Why is it important?
The fact that the Danish government has enacted a law requiring Danish legislators to consider climate impacts in any new legislation. As a result, climate protection will be much more present in the Danish parliament's work on legislation.
Is it relevant for me?
This gives direction to both the public and private sectors - especially when it comes to public funding and market subsidies, but also public-private partnerships. This means that if a company wants to work with the public sector, it can make it a condition that the company in question actively cooperates in the green transformation.
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The Consumer Ombudsman has written a Quick Guide to help companies navigate the world of green marketing.
Companies can receive penalties of up to €2 million or 4% of ARR under the Danish Marketing Act.