The village of Fairbourne on the Welsh coast faces an existential crisis because of rising sea levels.
CNN
The village of Fairbourne on the Welsh coast faces an existential crisis because of rising sea levels.
Now playing
03:56
This small town could be underwater within a generation
WASHINGTON, DC - APRIL 15: U.S. President Joe Biden announces new economic sanctions against the Russia government from the East Room of the White House on April 15, 2021 in Washington, DC. Biden announced sanctions against 32 companies and individuals that are aimed at choking off lending to the Russian government and in response to the 2020 hacking operation that breached American government agencies and some of the nation's largest companies. (Photo by Chip Somodevilla/Getty Images)
Chip Somodevilla/Getty Images
WASHINGTON, DC - APRIL 15: U.S. President Joe Biden announces new economic sanctions against the Russia government from the East Room of the White House on April 15, 2021 in Washington, DC. Biden announced sanctions against 32 companies and individuals that are aimed at choking off lending to the Russian government and in response to the 2020 hacking operation that breached American government agencies and some of the nation's largest companies. (Photo by Chip Somodevilla/Getty Images)
Now playing
06:49
Biden imposes new sanctions on Russia
CNN's Becky Anderson speaks with Fatima Gailani, an Afghan women's rights activist and government peace negotiator, about her views on the planned withdrawal of foreign troops from Afghanistan.
CNN
CNN's Becky Anderson speaks with Fatima Gailani, an Afghan women's rights activist and government peace negotiator, about her views on the planned withdrawal of foreign troops from Afghanistan.
Now playing
03:49
Afghan negotiator: I'm worried about withdrawal without peace
Prince Charles and his wife Camilla, Duchess of Cornwall, took in flowers left in tribute to his recently deceased father Prince Philip. The flowers had initially been left outside Buckingham Palace but were moved over the road to Marlborough House.
UK Pool via ITN
Prince Charles and his wife Camilla, Duchess of Cornwall, took in flowers left in tribute to his recently deceased father Prince Philip. The flowers had initially been left outside Buckingham Palace but were moved over the road to Marlborough House.
Now playing
01:56
Prince Charles and Duchess of Cornwall view tributes for Prince Philip
screengrab afghanistan taliban
AFPTV
screengrab afghanistan taliban
Now playing
03:50
How Taliban may run Afghanistan after US troops withdraw
Tokyo Olympics 100 days countdown Essig pkg intl hnk vpx_00000000.png
Tokyo Olympics 100 days countdown Essig pkg intl hnk vpx_00000000.png
Now playing
03:14
Growing concerns over Tokyo Olympics Covid-19 safety measures
screengrab japan fukushima daiichi
IAEA
screengrab japan fukushima daiichi
Now playing
02:31
Japan plans to release treated Fukushima water into sea
SUEZ, EGYPT - MARCH 29: The container ship 'Ever Given' is refloated, unblocking the Suez Canal on March 29, 2021 in Suez, Egypt. This morning the container ship came partly unstuck from the shoreline, where it ran aground in the canal last Tuesday, and later resumed its course shortly after 3pm local time. The Suez Canal is one of the world's busiest shipping lanes and the blockage had created a backlog of vessels at either end, raising concerns over the impact on global shipping and supply chains. (Photo by Mahmoud Khaled/Getty Images)
Mahmoud Khaled/Getty Images
SUEZ, EGYPT - MARCH 29: The container ship 'Ever Given' is refloated, unblocking the Suez Canal on March 29, 2021 in Suez, Egypt. This morning the container ship came partly unstuck from the shoreline, where it ran aground in the canal last Tuesday, and later resumed its course shortly after 3pm local time. The Suez Canal is one of the world's busiest shipping lanes and the blockage had created a backlog of vessels at either end, raising concerns over the impact on global shipping and supply chains. (Photo by Mahmoud Khaled/Getty Images)
Now playing
00:57
Egypt seizes Ever Given ship, asks for $900M in compensation
Taiwan has been the chief source of tension between Washington and Beijing for decades and is widely seen as the most likely trigger for a potentially catastrophic US-China war. The worry about Taiwan comes as China wields new strength from years of military buildup. CNN's David Culver reports.
PLA Air Force/Weibo
Taiwan has been the chief source of tension between Washington and Beijing for decades and is widely seen as the most likely trigger for a potentially catastrophic US-China war. The worry about Taiwan comes as China wields new strength from years of military buildup. CNN's David Culver reports.
Now playing
04:04
Dramatic videos show Chinese naval exercises amid rising tensions over Taiwan
CNN
Now playing
05:40
Unprecedented footage shows front line of Ukrainian conflict with Russia
5995404 02.09.2019 Iranian Foreign Minister Mohammad Javad Zarif attends a news conference following his meeting with his Russian counterpart Minister Sergei Lavrov, in Moscow, Russia. Iliya Pitalev / Sputnik  via AP
Iliya Pitalev/SPTNK/Sputnik via AP
5995404 02.09.2019 Iranian Foreign Minister Mohammad Javad Zarif attends a news conference following his meeting with his Russian counterpart Minister Sergei Lavrov, in Moscow, Russia. Iliya Pitalev / Sputnik via AP
Now playing
04:09
Iran accuses Israel of sabotaging nuclear site, vows revenge
Ash rises into the air as La Soufriere volcano erupts on the eastern Caribbean island of St. Vincent, seen from Chateaubelair, Friday, April 9, 2021. (AP Photo/Orvil Samuel)
Orvil Samuel/AP
Ash rises into the air as La Soufriere volcano erupts on the eastern Caribbean island of St. Vincent, seen from Chateaubelair, Friday, April 9, 2021. (AP Photo/Orvil Samuel)
Now playing
01:08
See the looming clouds of ash over La Soufrière volcano
screengrab Vanuatu villagers mourn philip
Reuters
screengrab Vanuatu villagers mourn philip
Now playing
02:03
Remote tribe worships Prince Philip as god, mourns his death
ITN
Now playing
01:15
Prince Charles speaks following Prince Philip's death
LONDON, UNITED KINGDOM - APRIL 10: The Honourable Artillery Company fire a gun salute at The Tower of London on April 10, 2021 in London, United Kingdom.  The Death Gun Salute will be fired at 1200 marking the death of His Royal Highness, The Prince Philip, Duke of Edinburgh. Across the country and the globe saluting batteries will fire 41 rounds, 1 round at the start of each minute, for 40 minutes. Gun salutes are customarily fired, both on land and at sea, as a sign of respect or welcome. The Chief of the Defence Staff, General Sir Nicholas Carter, said "His Royal Highness has been a great friend, inspiration and role model for the Armed Forces and he will be sorely missed." (Photo by Chris Jackson/Getty Images)
Chris Jackson/Getty Images
LONDON, UNITED KINGDOM - APRIL 10: The Honourable Artillery Company fire a gun salute at The Tower of London on April 10, 2021 in London, United Kingdom. The Death Gun Salute will be fired at 1200 marking the death of His Royal Highness, The Prince Philip, Duke of Edinburgh. Across the country and the globe saluting batteries will fire 41 rounds, 1 round at the start of each minute, for 40 minutes. Gun salutes are customarily fired, both on land and at sea, as a sign of respect or welcome. The Chief of the Defence Staff, General Sir Nicholas Carter, said "His Royal Highness has been a great friend, inspiration and role model for the Armed Forces and he will be sorely missed." (Photo by Chris Jackson/Getty Images)
Now playing
02:03
Prince Philip tributes pour in from around the world
People view flowers left in front of the gate at Buckingham Palace in London, after the announcement of the death of Britain's Prince Philip, Friday, April 9, 2021. Buckingham Palace officials say Prince Philip, the husband of Queen Elizabeth II, has died. He was 99. Philip spent a month in hospital earlier this year before being released on March 16 to return to Windsor Castle.
Matt Dunham/AP
People view flowers left in front of the gate at Buckingham Palace in London, after the announcement of the death of Britain's Prince Philip, Friday, April 9, 2021. Buckingham Palace officials say Prince Philip, the husband of Queen Elizabeth II, has died. He was 99. Philip spent a month in hospital earlier this year before being released on March 16 to return to Windsor Castle.
Now playing
01:54
Tributes to Prince Philip pour in from around the world
(CNN) —  

The United Kingdom is planning to become the first major economy to reach zero carbon emissions by 2050, Downing Street said in a statement Tuesday.

Legislation aiming to achieve that will be laid out in Parliament on Wednesday and will amend the Climate Change Act passed in 2008.

The new law should ensure that United Kingdom is on track to become the first G7 country with legally binding plans for net zero emissions.

“Now is the time to go further and faster to safeguard the environment for our children,” outgoing UK Prime Minister Theresa May said in a statement.

“This country led the world in innovation during the Industrial Revolution, and now we must lead the world to a cleaner, greener form of growth. Standing by is not an option.”

The announcement comes following weeks of pressure from political and business groups for the government to commit to cutting carbon emissions.

The UK’s Committee on Climate Change announced in early May that it was advising the government to reach net zero emissions by 2050, one day after Parliament declared “an environment and climate emergency.”

A group of more than 100 companies, investors and lobby groups sent an open letter to Downing Street on May 30, calling for May to leave “a legacy of clean growth.”

“We see the threat that climate change poses to our businesses and to our investments, as well as the significant economic opportunities that come with being an early mover in the development of new low-carbon goods and services,” the business leaders’ letter said.

It was signed by prominent global companies such as Siemens, Shell and Nestle.

According to the Committee on Climate Change report, the reduction in climate emissions will involve drastic action including phasing out petrol and diesel vehicles by 2035 and cutting beef, lamb and dairy consumption by 20% by 2050.

It also called for tens of billions of pounds to be invested in new renewable energy, electric vehicles and tree planting.

Currently, the UK has a target of curbing greenhouse gas emissions by 80% by 2050, compared to 1990 levels. Emissions had fallen by 42% in 2016.

While May said they planned to go ahead with the new laws no matter what, her statement added that it was “imperative” for other major economies to follow suit.

The UK will conduct an assessment within five years to establish whether those nations are taking equivalent steps to cut greenhouse gasses.

CNN’s Isabelle Gerretsen and Ivana Kottasova contributed to this article.