Madam Speaker, we understand that Canada must do its part to reduce emissions and work with other global leaders to tackle climate change, create growth and improve the well-being of all people. That is why we have developed a comprehensive plan and made the largest commitment to climate action in Canadian history to move Canada and the rest of the international community toward our shared goal.
We also understand that the previous emission reduction commitments made by the signatories to the Paris Agreement are not enough to hold global warming below 1.5°C. There has been a global call for increased ambition and climate action, and we have been listening.
That is why at the Leaders Summit on Climate, on April 22, 2021, Canada announced an enhanced emissions reduction target of 40% to 45% below 2005 levels by 2030. Members are probably wondering how we intend to meet this target. As I mentioned, we already have a comprehensive plan in place, and we have been working to find real solutions to tackle the climate crisis since 2015. Our recently announced strengthened climate plan, a healthy environment and a healthy economy, builds on our first climate plan, the pan-Canadian framework on clean growth and climate change, and includes over 60 new measures and $15 billion in investments to advance our ambitious climate goals and strengthen our clean economy.
The government has since expanded on these investments and committed an additional $15 billion to public transit and active transportation projects, and $17.6 billion to new green recovery measures in budget 2021. The investments made in budget 2021, along with other action, including strengthened alignment with the United States to further cut pollution from transportation and methane emissions, mean that Canada is now positioned to reduce emissions significantly.
All this to say, we are making progress. However, we recognize that more needs to be done to reach the new target. Canada is just starting along the innovation curves associated with some of the most promising decarbonization technologies, such as industrial electrification; carbon capture, use and storage; and hydrogen.
Investments in clean technology and innovation, such as those detailed in Canada's climate plan, help to accelerate the development of next generation technologies. For example, new investments in Canada's net-zero accelerator will incentivize Canadian businesses and industry to develop net-zero technologies and build our clean industrial advantage.
Moving forward, the Government of Canada will continue to work with provinces, territories, indigenous peoples, civil society, industry, national indigenous organizations and the U.S. administration to advance shared priorities that will further lower emissions. In these partnerships, the government believes that Canada can go further and faster together.