Madam Speaker, the immediate priority of the government is to support Canadians through the pandemic. However, we are also planning strategically for how to promote economic prosperity while also addressing the global crisis of climate change.
Canadians are experiencing the impacts of climate change and the government understands the urgent need to take action and ensure that sustainability is built into all aspects of our economy. This is critical for Canadians today and for our future generations.
We are making progress through Canada's current climate plan, the pan-Canadian framework. This plan is projected to achieve a historic level of emissions reductions, but we know we need to do more. That is why the government has committed to exceeding its 2030 greenhouse gas emissions targets, and putting the country on a path to prosper in a net-zero emissions economy by 2050.
We have also committed to bringing forward a new NDC emission reduction target by 2030, prior to COP26 in November 2021.
To reach these targets, we are strengthening existing measures to reduce greenhouse gas emissions and introduce new ones. The 2020 fall economic statement announced some of these new measures, and our work to build back better will make the economy greener, more inclusive, more resilient and more competitive.
Investments include putting climate action at the centre of our plan to create a million new jobs; bolstering training support for those hit hardest by the pandemic, including marginalized and racialized women, indigenous peoples, people with disabilities, and new Canadians; and proposing to provide up to 700,000 grants to homeowners to help them make energy efficient improvements to their homes.
We are committed to investing in Canada's clean power supply and working to connect Canadians with clean electricity across the country. We are investing in zero-emission vehicles, including charging and refuelling infrastructure. The Government of Canada is also working to develop a well-functioning, sustainable finance market in Canada. We are also prioritizing investments in nature-based solutions, including plans to plant two billion trees over 10 years.
We are investing in climate-smart, natural solutions to reduce greenhouse gas emissions related to ecosystem loss, and we are committing new funding to support climate solutions for agriculture. In the coming weeks, the government will bring these and other elements together in a coherent, enhanced climate plan, providing Canadians with transparency as to how Canada will exceed its current 2030 Paris Agreement targets.
After the proposed plan is released, we will be consulting with our partners, indigenous peoples, provinces and territories, municipalities, industry and civil society. These consultations will inform the development of Canada's updated 2030 target.
I would like to thank the hon. member for her commitment to increased climate action. I look forward to working with the member, our colleagues and Canadians as we work towards bringing forward a plan that will enable Canada to exceed our 2030 targets and help set Canada on a path to achieving a prosperous net-zero emissions future.