Paris Agreement Begins

The pioneering agreement reached in 2015 aims to limit global warming to a level „well below“ 2 degrees Celsius above pre-industrial temperatures. But in June 2017, U.S. President Donald Trump announced that the United States – the world`s second-largest emitter of greenhouse gases – would pull out of the agreement. This is not the first time the United States has not denounced an international climate agreement. The United States did not ratify the 1997 Kyoto Protocol, although it played an important role in its creation. In this case, the United States became a signatory to the agreement, but signalled almost immediately that it did not intend to assume its responsibilities. „These agreements are as good as each country`s obligations,“ says Light. The Trump administration has reportedly made no effort to renegotiate the Paris agreement. Democratic candidate Joe Biden said that if elected president, he would reinstate the Paris accord early in his presidency. The United States could become a party to the Paris Agreement 30 days after the official information of the United Nations Framework Convention on Climate Change.

The country is then expected to present a new commitment to reduce emissions by 2030. „Another way to think about it is that Trump`s decision to withdraw from the Paris Agreement is actually supported by only about 30 percent of the economy and 35 percent of the population,“ Hultman said. The Paris Agreement (the Paris Agreement) [3] is an agreement within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) that deals with the reduction, adaptation and financing of greenhouse gas emissions and was signed in 2016. The language of the agreement was negotiated by representatives of 196 States Parties at the 21st UNFCCC Conference of parties held at Le Bourget, near Paris, France, and agreed on 12 December 2015. [4] [5] Since February 2020, all 196 UNFCCC members have signed the agreement and 189 have left. [1] Of the seven countries that are not parties to the law, Iran and Turkey are the only major emitters. While mitigation and adjustment require more climate funding, adjustment has generally received less support and has mobilized fewer private sector actions. [46] A 2014 OECD report showed that in 2014, only 16% of the world`s financial resources were devoted to adaptation to climate change.

[50] The Paris Agreement called for a balance between climate finance between adaptation and mitigation, highlighting in particular the need to strengthen support for adaptation from the parties most affected by climate change, including least developed countries and small island developing states.

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