European Parliament Paris Agreement

The European Parliament and the Paris Agreement

The Paris Agreement, a landmark international climate accord, was adopted by 196 countries including the European Union. The agreement aims to keep global temperatures from rising more than 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the increase to 1.5 degrees Celsius. This ambitious target requires a significant reduction of greenhouse gas emissions, and the European Parliament is playing a crucial role in achieving it.

The European Union is one of the largest greenhouse gas emitters in the world. However, it is also one of the most committed to fighting climate change. The EU set a target of reducing its greenhouse gas emissions by at least 40% below 1990 levels by 2030, and it has already made significant progress towards reaching this goal. The European Parliament has been instrumental in pushing for more ambitious climate policies to ensure that the EU meets its commitments under the Paris Agreement.

One of the key ways the European Parliament is working to reduce greenhouse gas emissions is through the EU Emissions Trading System (ETS). This is a market-based approach to reducing emissions that places a cap on the total amount of greenhouse gases that can be emitted by power plants and industrial facilities in the EU. Companies can buy and sell emissions allowances, which provides an incentive to reduce emissions and invest in cleaner technologies. The European Parliament has been working to strengthen the ETS by increasing the ambition of its emissions reduction targets and tightening up the rules around the trading system.

The European Parliament is also advocating for greater investment in renewable energy and energy efficiency measures. The EU has set a target of getting 32% of its energy from renewable sources by 2030, and the European Parliament has called for this target to be increased to 35%. The Parliament has also pushed for stricter energy efficiency standards for buildings and appliances, which can play a significant role in reducing emissions.

In addition to these measures, the European Parliament is also working to address the impacts of climate change. The Parliament has called for more funding to help vulnerable communities adapt to the impacts of climate change, such as sea level rise and increased frequency of extreme weather events. It has also pushed for measures to protect forests and other ecosystems, which can help to mitigate the impacts of climate change by absorbing carbon dioxide from the atmosphere.

Overall, the European Parliament is playing a vital role in ensuring that the EU meets its commitments under the Paris Agreement. Its efforts to reduce greenhouse gas emissions, increase the use of renewable energy, and address the impacts of climate change are helping to create a more sustainable future for Europe and the world. As the impacts of climate change become increasingly severe, the European Parliament`s efforts will be more important than ever in safeguarding our planet for future generations.