How Good Is The Paris Agreement

In addition, the agreement ignores an important source of greenhouse gases, aviation and shipping, which accounts for about 10% of current global emissions and is expected to account for about 20% of total emissions over the next 10 years. In 2015, the EU made a desperate but uncoordinated effort to bring the issue back to the negotiating table, but failed to convince most countries to integrate them. Under this agreement, China, for example, will be able to increase these emissions by an astonishing number of years – 13. They can do whatever they want for 13 years. We don`t. India is conditional on its participation in receiving billions and billions of dollars in foreign aid from industrialized countries. There are many other examples. But at the end of the day, the Paris agreement is very unfair, at the highest level, to the United States. It is in the national interest of all countries of the world to ensure that the Paris Agreement on climate change is implemented and that countries meet their commitments. After all, we owe our children and grandchildren the prospect of a safe place to live unscathed from the damage caused by climate change.

This agreement benefits the Americans. It is in our interest to stick to the agreement and ensure that all countries live up to their commitments. Recognizing that many developing countries and small island developing states that have contributed the least to climate change are most likely to suffer the consequences, the Paris Agreement contains a plan for developed countries – and others that are able to do so – to continue to provide financial resources to help developing countries reduce and increase their capacity to withstand climate change. The agreement builds on the financial commitments of the 2009 Copenhagen Accord, which aimed to increase public and private climate finance to developing countries to $100 billion per year by 2020. (To put it in perspective, in 2017 alone, global military spending amounted to about $1.7 trillion, more than a third of which came from the United States. The Copenhagen Pact also created the Green Climate Fund to mobilize transformation funding with targeted public dollars. The Paris agreement expected the world to set a higher annual target by 2025 to build on the $100 billion target by 2020 and create mechanisms to achieve this.

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