Mr. Chair, the question by committee members with regard to the IPCC is one that we take extremely seriously. This is why this government has invested such a large amount of effort in the development of a pan-Canadian framework on climate change.
This department, NRCan, is the delivery arm for the majority of those programs, whether it's trying to green the oil and gas sector and looking at transformative technologies to sharply reduce GHG emissions, whether it's looking at transportation where we have a number of efforts trying to electrify the fleet and making this more and more commonplace—and we're starting to see it in our streets—or whether it's working on energy efficiency and looking at net-zero solutions for both residences and commercial buildings. We're pursuing this with vigour.
We are certainly keenly aware of it. Another part of our mandate is looking at the impact on the country of adaptation to climate change. It's not just from reports that we are getting some warning signals, but we actually see it on the ground, affecting our north, our communities. As we've seen in the flooding season again this past spring, there is a very real impact on our population.
Of course, there are reasons to be preoccupied. There are also reasons to be optimistic that Canada will be among the leaders in trying to drive to that low-carbon future. Again, during the ministerial meetings every month, there is an opportunity for all of us to share what we can do in terms of technology, partnerships, and new financing modes, so that we can bring the private sector to help us engineer that transition.
We are pursuing this with vigour, but with humility as well, recognizing that there's a lot more to be done to get to the kind of medium-term target that the IPCC is driving us toward. When thinking of those minus 40%, minus 50% GHG reductions by the year 2050, we'll need to redouble our efforts in the years to come, for sure.
