Submission by Iceland to the ADP Icelandâs Intended Nationally Determined Contribution Introduction Iceland is committed to the UNFCCC negotiation process towards adopting a protocol, another legal instrument or an agreed outcome with legal force under the Convention, applicable to all Parties, in line with the objective of keeping global warming below 2Â°C. Icelandâs Intended Nationally Determined Contribution Iceland aims to be part of a collective delivery by European countries to reach a target of 40% reduction of greenhouse gas emissions by 2030 compared to 1990 levels. A precise commitment for Iceland within such collective delivery has yet to be determined, and is dependent on an agreement with the European Union and its Member States and possibly other countries.