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Europe Paris Agreement

As soon as the European Parliament gives the go-ahead, the closing decision will be formally adopted by the Council. The EU will then be able to ratify the agreement. Due to the COVID 19 blockade and the economic recession, EU emissions are expected to fall by 10-11% in 2020 compared to 2019. This would result in an overall decrease of 34-35% in 2020 from 1990 levels. The economic recovery in 2021 is expected to result in a 2% increase in emissions compared to 2020. The measures already implemented at the national level of the Member States will result in a reduction in emissions of around 37% in 2030 compared to 1990 levels. Achieving the EU`s renewable energy and energy efficiency targets will result in a 48% reduction in emissions by 2030. This indicates that the EU is on the verge of meeting – or even exceeding – its current emissions reduction target by 2030. A significant reinforcement of this objective is therefore not only achievable, but also necessary to meet the Paris Agreement`s requirement to reflect «the highest possible ambitions». The Paris Agreement is the first legally binding universal global agreement on climate change adopted at the Paris Climate Change Conference (COP21) in December 2015. In the run-up to the Paris climate change conference, the EU presented its planned national contribution (INDC) to the secretariat of the United Nations Framework Convention on Climate Change (UNFCCC). The EU`s INDC expresses the EU`s commitment to the negotiation process for a new legally binding agreement on climate change to keep global warming below 2oC. It also reaffirmed the binding target of reducing domestic greenhouse gas emissions by at least 40% by 2030 compared to 1990, as indicated by the conclusions of the European Council in October 2014.

Each year, the parties to the UNFCCC meet to review and review progress on the convention, related agreements and their implementation. The Presidency of the Council represents the EU in these international forums known as the «United Nations Climate Change Conferences» (COP).

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