IIGCC welcomes UK 2035 Nationally Determined Contribution submission

Emily Murrell, IIGCC Policy Programme Director, welcomes the formal submission of the UK's 2035 Nationally Determined Contribution to the United Nations Framework Convention on Climate Change.

“New details on the UK’s Nationally Determined Contribution, delivered ahead of the February 2025 deadline, show welcome leadership on climate.

"Following the UK’s COP29 announcement that they intend to cut economy-wide emissions by 81% by 2035, this latest update offers a more comprehensive decarbonisation strategy across key sectors and an overview of the policies and measures involved in its delivery, from ending petrol car sales by 2030 and faster deployment of renewable energy to name just a few examples.

“It is positive to see these commitments respond directly to the outcomes of the UN Global Stocktake, with an explicit commitment to issuing no new oil and gas licenses. Looking ahead, we encourage more detail on the delivery of targets related to the UK Carbon Budget Delivery Plan. Underpinning these high-level commitments with clear sectoral plans will help to give investors certainty about the long-term investment landscape. 

“Finance is integral to achieving UK’s ambitions and investors are ready to play their part to ensure the country benefits from the opportunities presented by the green transition. We hope this announcement serves as a catalyst for other countries to follow suit, providing clarity on emissions reduction plans and building momentum on the road to COP30.”

About IIGCC: IIGCC is an investor-led membership organisation. We bring the investment community together to make progress towards a net zero and climate resilient future. We work with our members to create guidance, tools, frameworks and resources that can help them, in their individual contexts, in managing climate-related financial risk within their portfolios and making the most of opportunities presented by the transition towards a decarbonised global economy and the realities of a changing climate. We have 400+ members across 20+ countries. More information at www.iigcc.org

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