Norway

Establish national emissions reduction strategies for key sectors to 2030 and 2050 that include specific targets and define supporting policy measures.

Assess various scenarios for future global oil and gas demand as part of a longer-term strategy for transformation from oil and gas revenue dependency, including diversification into low-carbon energy carriers.

Consider measures to supplement carbon pricing to achieve harder to abate, costlier emissions reductions, especially in the industry sector.

Prioritise energy efficiency as a policy area, including through sectoral targets, action plans and supporting measures, especially in the buildings and industry sectors.

Promptly advance a robust regulatory framework that provides long-term investment signals and supports strong deployment of offshore wind generation.

Increase ambitions to jump-start clean technologies where Norway may have competitive advantages and means, such as hydrogen, green shipping, carbon capture and storage, and offshore wind.