Mr. Speaker, it is my pleasure to rise in the virtual House today to participate in this extremely important debate on Bill C-12, the Canadian net-zero emissions accountability act.
Before I get into my remarks today, I would like to notify you that I would like to share my time with the hon. member for Beaches—East York, who will make a speech after me.
As I said, it is my pleasure to participate in this important debate. It is a topic that is extremely important. It has been important to me throughout my entire life. It is something my constituents care about and remind me of all of the time and this legislation as proposed provides an accountability framework. It certainly does not provide the content of a plan for moving forward. It really defines a framework for accountability and that is a positive step forward.
Canada and countries around the world are facing unprecedented economic, environmental and social challenges, which are all occurring at the same time. The COVID-19 pandemic has caused significant loss and uncertainty in Canada. Almost half of households lost work at the peak of the pandemic, impacting the ability of families to pay rent and put food on the table.
Responding to the pandemic and ensuring that Canadians can move forward into a recovery phase that ensures there are good jobs and a solid plan for a strong, resilient, competitive and sustainable economy matters more than ever. We need a road map for the future, one that takes into account our current reality but also where we want the world to be in 10, 20 and 30 years from now.
What we know is that the world is changing. Countries are responding to the fallout from the pandemic, but many are doing so in a way that takes into account the equally urgent crisis of climate change. In some respects, the current public health crisis pales in comparison to the larger and impending crisis that will see the effects of human activity, which has harmed our natural world for generations, leading to the alteration of weather patterns, mass extinctions, the loss of biodiversity and even the collapse of ecosystems, which ultimately threatens the habitability of our planet.
The science is very clear that we face a catastrophic future if we do not dramatically alter the amount of pollution we are putting into the atmosphere. I learned recently of a remarkable independent film called The Magnitude of all Things, and that film masterfully depicts a phenomena called climate grief, which is the loss we are all feeling from the destruction of our home.
The science is clear that we need to bend the curve on GHG emissions now and achieve net-zero emissions globally by 2050. Countries around the world are responding to this imperative and they are also moving to take advantage of the clean growth opportunities that will come with it. Those are significant and Canada has enormous advantages, ranging from our vast natural resources to our skilled population, our commitment to research, our innovation and our entrepreneurial spirit. We need to seize the opportunity now. We need to do our part to demonstrate our commitment to the rest of the world.
From forest fires and floods to melting permafrost and coastal erosion, Canadians are experiencing the impacts of climate change every single day. Our climate is warming twice as fast as the rest of the world. In the north, warming is nearly three times as fast. The effects of warming are already evident in many parts of Canada and are projected to intensify in the near future. We can see this with wilder weather and seasons and lots of flooding. There is much evidence of these weather patterns changing.
In December 2015, at the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change, Canada played a leadership role in reaching a historic agreement to address climate change. Canada was also one of the first countries to ratify the Paris Agreement and help push it over the threshold to bring it into force in October 2016.
Through the Paris Agreement, we committed to reducing our greenhouse gas emissions by 30% below 2005 levels by 2030. The goal of the Paris Agreement is to limit global temperature increase to well below 2°C and to pursue efforts to limit the temperature increase to 1.5°C. Following the adoption of the Paris Agreement, Canada developed the first climate change plan in our history to include joint and individual commitments by federal-provincial-territorial governments and to have been developed with input from indigenous peoples, businesses, non-governmental organizations and Canadians from across the country.
The pan-Canadian framework on clean growth and climate change was adopted in December of 2016, and this was a huge step forward. In fact, one of the reasons I got into politics in the last federal election was that great work. The pan-Canadian framework outlines over 15 concrete measures to reduce carbon pollution, help us adapt and become more resilient to the impacts of a changing climate, spur clean-technology solutions and create good jobs that contribute to a stronger economy.
Between 2005 and 2019 the federal government invested $60 billion to drive down greenhouse gas emissions, generate clean technologies, help Canadians and communities to adapt to the changing climate, and protect the environment. Carbon pollution pricing systems are in place in all provinces and territories, and we have introduced regulations to reduce methane emissions in the oil and gas sector and to improve emissions standards for light- and heavy-duty vehicles.
As we work to phase out coal-fired electricity by 2030, we have worked with communities and workers affected by the transition to a low-carbon economy. We are developing net-zero energy-ready building codes to be adopted by 2030 for new buildings, and we have adopted a climate lens to ensure that future climate impacts are considered and addressed in federally funded infrastructure projects. To ensure Canadians have access to climate science and information, we established the Canadian Centre for Climate Services.
Our plan is working. Our most recent projections show a widespread decline in projected emissions across the economy. The policies and measures now in place, including those introduced in 2019, are projected to reduce emissions by 227 million tonnes by 2030. However, we know that a great deal of work remains to be done. The 21st Conference of the Parties to the United Nations Framework Convention on Climate Change also invited the Intergovernmental Panel on Climate Change to prepare a special report on the impacts of global warming of 1.5°C above pre-industrial levels and related global greenhouse gas emission pathways. I have that report here, and I have been reviewing it.
In 2018, the special report on “Global Warming of 1.5°C” by the Intergovernmental Panel on Climate Change found that global emissions must reach carbon neutrality by around 2050 to limit warming to 1.5°C. There are clear benefits to limiting global temperature increases to that level. The IPCC's report made it clear that, to achieve the goals of the Paris Agreement, an aggressive and long-term commitment to action is needed. Every bit of warming matters, and this is why it is urgent to take action now. Increasing ambition is what science tells us is needed to address climate change, and it is built into the Paris Agreement.
We are currently working on strengthening existing and introducing new greenhouse gas emission reduction measures, which will allow us to exceed our current 2030 target. On top of that, we know that we need to look to the longer term, which is why we committed to enshrining, in legislation, the government's goal to achieve net-zero emissions by 2050. Along with this system of five-year targets, emissions reduction plans, progress reports and assessment reports are key enabling components of our work to achieve a net-zero emissions economy by 2050.
Our government has committed to implement a number of new measures to help us reach these ambitious targets, while creating a million new jobs and growing the economy. This includes a commitment to plant two billion trees to help sequester carbon, retrofitting 1.5 million homes to improve energy efficiency and save Canadians money on their energy bills, making it easier for Canadians to purchase and drive zero-emission vehicles, and supporting northern, remote and indigenous communities as they transition from diesel to renewable energy systems.
These measures and more, which the government plans to announce soon, will help put Canada on a path to a strong zero-emissions economy, one that is inclusive for all Canadians.
I am going to stop there. I had a few more remarks, but I understand that my time is limited. I will stop there, but I am thankful for this opportunity.