The Paris Agreement Eu

Since our last update in December 2019, the EU-271 has taken a major step forward in regaining its position as a climate leader in the fight against climate change. Although its measures to combat climate change are not yet compatible with the Paris Agreement, it differs from other countries in making the fight against climate change the engine of economic recovery. The EU`s main weakness remains the target of reducing emissions by at least 40% by 2030, which is outdated and extremely inadequate. In September, the Commission recommended that the EU increase its target to at least 55% (including UTCATF); But that doesn`t go far enough. Increasing this target to 65% and funding measures to combat climate change abroad would make the EU the first region to meet commitments that are compatible with the Paris Agreement. Given that these changes are not yet reflected in a significant increase in the EU`s emissions reduction target, the CTU considers that the EU-27 is “insufficient”. The environmental NGO Greenpeace said the agreement still needed to be amended to contribute to a more environmentally friendly economy. “Linking 30% of EU funds and above all 40% of the huge agricultural budget to the fight against climate change is a promise made to millions of people who see climate protection as the cornerstone of a safe economy for the future,” said Martin Kaiser, head of the NGO. Chancellor Angela Merkel and the European Parliament should take a binding decision to ensure that EU funds are no longer paid to companies and agricultural producers who do business at the expense of the environment and climate, he said. It is only if Merkel turns the vague parts of this agreement into sound political decisions under the German presidency of the Council of the EU that the last four days and the last four nights will be rewarded. The announced marginal carbon tax and a realistic carbon price for dirty industries have the potential to finally contribute to the implementation of the Paris climate agreement. To contribute to the goals of the agreement, countries presented comprehensive national climate change plans (fixed national contributions, NDC). These are not yet sufficient to meet the agreed temperature targets, but the agreement points to the way forward for further measures.

Sharon Dijksma, Dutch Environment Minister and President of the Council, and MaroƩ Efsovic, Vice-President of the European Commission, sign the agreement on behalf of the EU at a high-level ceremony in New York, USA. The EU was the first major economy to present its emissions reduction target under the Paris Agreement. The EU`s current target is to reduce its CO2 emissions by 40% by 2030 compared to 1990 levels. However, the pressure to set a more ambitious level is intensifying.

Comments are closed.