The Paris Agreement - Turning Point for Climate and Energy?
1. The Paris Agreement - Turning
Point for Climate and Energy?
16.2.2016
Christoph Bals
Policy Director, Germanwatch e.V.
2. New globale Climate Targets
well below 2 °C ... and pursuing efforts to limit the temperature increase to 1.5
°C above preindustrial levels, (Art. 2.1.a)
reach global peaking ... as soon as possible,
in accordance with best available science, so as to achieve a balance
between anthropogenic emissions by sources and removals by
sinks of greenhouse gases in the second half of this century, (Art.
4.1 Paris Abkommen)
Best available science: until mid century no emissions from coal, oil and
gas. Until 2070 all GHG netto 0.
But nasty gap: Country targets lead to ca 3°C; so far little indications to
move out of oil.
3. Stronger Climate Targets every 5 Years
• Stronger Climate Targets every 5 years (first review
for IC in 2018), 2023 also increased finance targets -
likely with increase role of emerging economies;
• Before 2020: all parties should formulate and
communicate long-term low greenhouse gas emission
development strategies;
6. Solidarity Package
• Long term Goal for Adaptation: "...to strengthen
the global response to the threat of climate change ...
Increasing the ability to adapt to the adverse impacts
of climate change and foster climate resilience" (Art.
2.1b)
• Loss and damage accepted: Parties recognize the
importance of averting, minimizing and addressing
loss and damage associated with the adverse effects
of climate change (Art 8.1).
• Climate insurance initiative ("InsuResilience" for
vulnerable countries announced by G7;
7. Shifting the Trillions
• Making finance flows consistent with a pathway
towards low greenhouse gas emissions and climate -
resilient development. (Art. 2.1.c)
• Until 2025 IC mobilise annually 100 bio $ for
mitigation and adaptation in DC; then increased
target, likely with emerging eonomies as contributers;
9. • "Perhaps the most significant
effect of the Paris agreement
in the next few years will be
the signal it sends to investors:
the united governments of the
world say that the age of fossil
fuels has started drawing to a
close."
• "After Paris, the belief that
governments are going to stay
the course on their stated
green strategies will feel a bit
better founded—and the idea
of investing in a coal mine will
seem more risky."
Signal for Investors
10.
11. Very important but limited role of Paris
Agreement
• Task of a climate treaty is bringing the
ball to the penalty box.
• It's the taks of
– Goverments,
– Investors
– Civil Society
to score.
12. International Action
• Implementation Strategy of G20
– Long Term Goal for States and Companies
– End of fossil subsidies
– Carbon Price Corridor
• ICAO: Targets for Int. Aviation
• 100 bio pathway
• Transformational Partnerships
– G7/African Renewable Energy Strategy
– D/ India - Philippines - South Africa
– G7/ InsuResilience
13. National Action
• Exit Strategy for Coal
• Energy Efficiency
• Mobility - 50% : Public transportation,
bicycle, walking, car sharing;
• Stopping industrial livestock husbandry;
14. New Tailwind for Civil Society
• Energy Co-operatives
• Joint Agriculture
• Putting my money where my mouth is
• Asking the moral question
• What is a good life?
• Getting a member of a good NGO
15. It's a pleasure to co-operate with you!
bals@germanwatch.org