skip to Main Content
0 811 69 64 45 (Lundi-Vendredi 9h-12h / 14h-18h - Prix d'un appel local)

Luxembourg Paris Agreement

Read also the article published on list.lu 20.07.2016: « Focus on « Climate – Energy: Industry- Quo vadis? » Conferce and list participation. See also: « Transforming the Paris agreement into action, » published on 25/05/2016. The Council today agreed on a partial general direction on the proposed European climate law. The aim of the proposal is to define in legislation the objective of a climate-neutral EU by 2050, approved by the European Council in December 2019. This international agreement in the mid-1990s is currently a serious obstacle to #ClimateAction. IEA (2020), Luxembourg 2020, IEA, Paris www.iea.org/reports/luxembourg-2020 [3] In the « Multi-Party Stakeholders » section, the agreement welcomes « the efforts of all non-partisan stakeholders to tackle and respond to climate change, including the actions of civil society, the private sector, financial institutions, cities and other subnational authorities. » market-based instruments to further reduce emissions from global warming. The Paris Climate Agreement was adopted on 12 December 2015 following the 21st Conference of the Parties (COP 21) at the UNFCCC and came into force on 4 November 2016, less than a year later. The threshold for the agreement to enter into force was 55 countries representing at least 55% of greenhouse gas emissions; at the time of the letter, 113 countries ratified it, including Luxembourg. Luxembourg formally tabled its ratification instrument on 4 November 2016, after being approved by Parliament and Parliament. Dr Ferrone from LIST was one of the European Union negotiators on the scientific and technical aspects of the agreement. This agenda item assessed how IPCC reports could inform global climate policy revisions that are expected to begin in 2023.

It is also positive to note the transparency system and the accounting of global emissions stocks, another important cornerstone of the agreement. The measurement, reporting and verification of greenhouse gas activities will promote the effective functioning of the UNFCCC, strengthening the signal to civil society and the economy and making the decision-making process more transparent and simpler, including avoiding double emissions accounting. At the national level, this also means that companies could face stricter requirements for reporting and administering greenhouse gases. It is clear that the new Paris agreement will put the mill on track. The European framework will develop and use the targets set by the European INDC (in order to achieve a reduction of at least 40% in greenhouse gas emissions compared to 1990 levels) by 2030 to develop future environmental policy. In the end, Luxembourg and European companies will face stricter rules that should further promote the use of renewable and efficient energy solutions. It is therefore important that future climate change guidelines remain technically and economically feasible within a reasonable time frame and focus on promoting innovative solutions and investments in the fight against climate change. « The agreement is as balanced as possible, » Laurent Fabius, French foreign minister and chairman of the Paris Committee, said before the committee`s last meeting before the country`s 195 negotiators.

At that time, the agreement was still a project and it was open to further amendments. This did not prevent President François Hollande and UN Secretary-General Ban Ki-Moon from making an emotional appeal to positively consider this version of the text.

Back To Top