Elina Bardram DG Climate Action elina bardramec europa

Elina Bardram, DG Climate Action elina. bardram@ec. europa. eu Climate Action

Negotiations Climate Action 5 s 2 01 Pa ri n 2 01 1 ba Du r Co 20 penh 09 ag 19 9 oto Ky Rio 19 92 7 en 23 years of UNFCCC negotiations

#High Ambition Coalition Negotiations EU Key issues and players Emissions reductions Adaptation, Loss and Damage 'Umbrella', EIG Finance, technology and capacity building AILAC AOSIS Differentiation between countries LDCs Transparency, accountability and dynamism African Group Legal form and force of the Agreement Technical work under the two subsidiary bodies BASIC LMDC G 77 Climate Action Arab Group; ALBA

A historic Agreement • A new chapter in international climate governance and action • A win for multilateralism • A strong signal to policy makers, investors and businesses • Great example of EU unity and leadership Climate Action

The first major multilateral deal of the 21 st century • At the Paris climate conference (COP 21) in December 2015, 196 countries adopted the first-ever universal, legally binding global climate deal. • The agreement sets out a global action plan to put the world on track to avoid dangerous climate change by limiting global warming to well below 2°C. • The agreement is due to enter into force in 2020. Climate Action

Ambition Successful INDC process before Paris The EU was the first major economy to submit its intended contribution to the new agreement in March 2015. It is already taking steps to implement its target to reduce emissions by at least 40% by 2030. Parties with INDCs covering periods up to 2030 invited to communicate or update by 2020, following a 2018 facilitative dialogue => INDCs from 187 Parties Climate Action

Ambition Global goals Governments agreed: • a long-term goal of keeping the increase in global average temperature to well below 2°C above preindustrial levels; • to aim to limit the increase to 1. 5°C, since this would significantly reduce risks and the impacts of climate change; • on the need for global emissions to peak as soon as possible, recognizing that this will take longer for developing countries; • to undertake rapid reductions thereafter in accordance with the best available science. Parties will also have to formulate long-term (2050) low emissions strategies by 2020 Climate Action

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Commitments Emissions reductions Each Party shall prepare, communicate and maintain contributions • 9– 12 months before inscription, with clear information – building on INDC process All Parties shall pursue domestic measures to achieve reductions Developing countries encouraged to move over time to economy-wide targets LDCs and SIDS can communicate policies and measures Climate Action Binding contributions

Commitments Transparency and accountability Governments agreed to: • come together every 5 years to set more ambitious targets as required by science; • report to each other and the public on how well they are doing to implement their targets; • track progress towards the long-term goal through a robust transparency and accountability system. Climate Action

Commitments Global stocktake 2018 2023 2028+ • Dialogue on emissions reductions • New science on 1. 5°C • New or updated contributions by 2020 • First global stocktake • To consider progress on global goals for low-emission and climateresilient development – and financing • Stocktake every 5 years • After 2030, all to communicate new emissions reductions contributions every 5 years • Progression on previous efforts Climate Action

Solidarity Finance • The EU and other developed countries will continue to support climate action to reduce emissions and build resilience to climate change impacts in developing countries. • Developed countries intend to continue their existing collective goal to mobilize USD 100 billion per year until 2025 when a new collective goal will be set. • Other countries are encouraged to provide or continue providing such support voluntarily. Climate Action

Solidarity Adaptation Governments agreed to • strengthen societies' ability to deal with the impacts of climate change; • provide continued and enhanced international support for adaptation to developing countries. Through technology transfer and capacity building Climate Action

Solidarity Loss and damage The agreement also: • recognizes the importance of averting, minimizing and addressing loss and damage associated with the adverse effects of climate change; • acknowledges the need to cooperate and enhance the understanding, action and support in different areas such as early warning systems, emergency preparedness and risk insurance. Climate Action

The EU's role • • The EU has been at the forefront of international efforts towards a global climate deal and has been building a broad coalition of developed and developing countries in favor of high ambition that shaped the successful outcome of the Paris conference. The EU considers the success of the Paris climate conference historic. A moment when global partners succeeded in opening a new chapter in international climate action. The ambitious outcome corresponds to the EU priorities. The agreement includes a common goal for global ambition, strong commitments to achieve it, and a comprehensive solidarity package. It will send a very strong signal to policy-makers, investors and businesses that the transition of the global economy towards a climate-neutral future has been decisively accelerated – and is irreversible. Climate Action

"Today we celebrate, tomorrow we have to act" Commissioner Cañete, 12 December 2015 Next steps: • High-level signatory ceremony on 22 April in New York • Crucial implementing details to be worked out in coming years • The agreement will enter into force after 55 countries that account for at least 55% of global emissions will have ratified it Climate Action

Thank you! http: //ec. europa. eu/clima/policies/brief/eu/ Climate Action