Unfortunately it will be several years before we know whether it will make a dent in emissions, but as everyone says, it is a start. I am particularly excited by the concept of “ratchet” and whether it can be implemented. What do you think?
Inside the Paris Climate Deal
The text of the climate pact establishes a commitment by 195 countries to take concrete measures to reel in planet-warming carbon emissions. Related Article
Paris Climate Agreement
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“Holding the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change.”
Preservation of Forests
“Parties are encouraged to take action to implement and support, including through results-based payments, the existing framework as set out in related guidance and decisions already agreed under the Convention for: policy approaches and positive incentives for activities relating to reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries; and alternative policy approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests, while reaffirming the importance of incentivizing, as appropriate, non-carbon benefits associated with such approaches.”
Go there and read all the good news. More next week.