Tag Archives: Paris agreement

Five out of the world’s six largest listed oil companies risk wasting over 30% of their spending – with a total value of $2.3 trillion – on projects that are not aligned with goals of the Paris Agreement. They therefore need to reconsider investments in order to protect the interests of investors. This is the main conclusion of a new ...

The Republic of Moldova on Tuesday, June 20, 2017 deposited its instrument of ratification of the Paris Agreement on Climate Change. Consequent upon this development, Moldova has emerged the 149th country to endorse the global treaty. According to the United Nations Framework Convention on Climate Change (UNFCCC), Moldova’s ratification of the pact will enter into force in a month’s time on Thursday, ...

President Donald Trump’s stand notwithstanding, U.S. cities and states are increasingly seeking ways to play an active role in international climate change efforts. In an apparent move to complement this role, the Sabin Centre for Climate Change Law of Columbia Law School has released a new resource to help them engage in climate action. The report, entitled “Act Locally, Reflect ...

Sweden last week passed a legislation which legally binds the country to reach net-zero emissions by the year 2045, five years earlier than previously planned. The new Climate Act, passed in parliament with an overwhelming majority vote (254 against 41), is believed to be more ambitious than what Sweden pledged under the Paris Climate Change Agreement. The Paris Agreement commits ...

African governments have been called upon to adopt a declaration to affirm their commitment to the acceleration of implementation of the Paris Agreement, and condemn the decision by the United States to withdraw from the Paris Agreement. The call was made on Thursday, June 15, 2017 in Libreville, Gabon in a statement issued by the African Major Groups and Stakeholders ...

The announcement by the President of the United States in June 2017 that the US would withdraw from the Paris Climate Change Agreement appears to have sparked a lot of interest in how a Party can withdraw, should they decide to do so. In this piece, the United Nations Framework Convention on Climate Change (UNFCCC), attempts to clarify the basic process, ...

Is it the end of an era for coal? Production of the fossil fuel dropped by a record amount in 2016, according to BP Plc’s annual review of global energy trends. China, the world’s biggest energy consumer, burned the least coal in six years and use dropped in the U.S to a level last seen in the 1970s, the company’s data ...

The Environment Ministers of Canada, France, Germany, Italy, Japan and the United Kingdom, and European Commissioners responsible for environment and climate, have reaffirmed their strong commitment to the swift and effective implementation of the Paris Climate Change Agreement. In a communique issued at the end of the G7 Environment Ministers Meeting in Bologna, Italy, on Monday, June 12, 2017, they ...

Climate Scorecard, a citizen-based effort to monitor and report on efforts to implement the Paris Agreement, believes that President Donald Trump does not get the Paris Agreement or American resolve to ensure that the Agreement succeeds The rest of the world is aware that US President Trump does not get the Paris Climate Agreement. His decision to withdraw the United ...

Leading non-state actors and civil society groups from across Africa have called on African governments to kick-start the process of designing an African Rule Book for the implementation of the Paris Agreement. The book, according to them, will help in galvanising a robust presentation of African perspectives in the Paris Rule Book which is being formulated. The call was made ...