How Will The Goals Of The Paris Agreement Be Achieved
Some countries have already responded to an invitation from the Conference of the Parties (COP) to communicate mid-century strategies, with 2050 being considered a reference year. Most of these countries have translated their long-term vision into a target as a percentage reduction, which, in Germany`s case, is to fall to 95% below the 1990 level by 2050. This quantified objective is certainly not a binding law, but it allows Germany to monitor the neutrality of emissions step by step and beyond its political cycles. It encourages different segments of government to continuously seek emission reduction options, now and in the future, in the hope that each of them can take the necessary steps to achieve this 95% reduction. It will be impossible to avoid the effects of warming of more than 2oC if countries do not take climate considerations into account when responding to them. Because the transformation of economies is a process that takes years, long-term strategies become an important political instrument to achieve this transformation. The vision anchored in the long-term strategy must go beyond political cycles and go beyond the interests of groups and individuals, bringing societies together. There is a lot of misinformation about the Paris agreement, including the idea that it will hurt the U.S. economy. It was a series of unsubstantiated assertions that Trump repeated in his rose garden speech in 2017, arguing that the deal would cost the U.S. economy $3 trillion in jobs by 2040 and $2.7 million by 2025, making us less competitive with China and India. But, as the auditors pointed out, these statistics come from a March 2017 unmasked study that exaggerated the future cost of reducing emissions, underestimated advances in energy efficiency and clean energy technologies, and was completely unaware of the enormous health and economic costs of climate change itself. From an international perspective, long-term strategies provide the Paris Agreement with credibility and certainty that its objectives can be achieved.
They also increase transparency and build trust between nations, as each side shows its determination to work towards emissions neutrality and encourages others to follow suit. On the basis of positive reciprocity of measures, long-term strategies are an ideal tool for governments to communicate their resolve to combat climate change to other countries that need this information to assess their commitment. The EU and its member states are among the nearly 190 parties to the Paris Agreement. The EU formally ratified the agreement on 5 October 2016, allowing it to enter into force on 4 November 2016. In order for the agreement to enter into force, at least 55 countries representing at least 55% of global emissions had to file their ratification instruments. A strong climate agreement, supported by measures on the ground, will help us achieve the Sustainable Development Goals to end poverty, build stronger economies and create safer, healthier and more livable societies everywhere.