The UN Climate Change Conference of the Parties
The United Nations Framework Convention on Climate Change is the foundation for the annual Climate Conferences. These conferences are held in a variety of locations to address the problem of climate change. In addition to these conferences, some regional meetings are held on the issue annually. These meetings help countries formulate policies that can combat the threat of climate-related disasters. Here are some of the major events and initiatives that are being discussed at these global meetings. Read on to learn more about the importance of these conferences.
The Durban Platform for Enhanced Action
was finalized at the COP 17 climate conference in South Africa in December 2013. It sets the framework for a new international protocol on emission reductions. It is expected to enter into force in 2020. The European Union agreed to extend its target for carbon emissions reductions from fossil fuels by at least three years. Russia, Japan, and Canada did not commit to new targets. The Paris Agreement is likely to be finalized in 2015.
The UNFCCC and G20 agreed to meet the goal of 2 degrees Celsius
global warming in the coming decades. But they also recognized that greenhouse gas emissions need to peak as soon as possible. However, this process will take longer in developing nations where poverty is a primary priority. Further, nearly 500 global financial services firms agreed to align their operations with the Paris goals, representing about 40% of the world’s financial assets. The Paris agreements were also lauded as a positive step towards reducing global emissions and ensuring a healthy future for all living species.
Although the Paris meeting was mostly a success
some important issues were missed. For example, the UNFCCC acknowledged that the world must reduce emissions faster and that greenhouse gases should be reduced as soon as possible. They also agreed to eliminate all fossil fuel subsidies, but the promise to phase out coal was changed to phase down. This is not feasible because the world needs to continue growing. Moreover, the climate finance issue was heavily discussed at the Paris conference.
The COPs have a crucial role to play
in achieving the Paris Agreement’s goals. The United States is an important player in international climate negotiations, and the United States is one of the most important countries in the world. The UNFCCC aims to reduce greenhouse gas emissions and stabilize global temperatures. The United States ratified the UNFCCC in 1992. Its main aim is to combat dangerous human interference with the climate and to reduce global warming.
A major issue at COP 17 was the Durban Platform for Enhanced Action.
This is the framework for a new international agreement on climate change. It is expected to be finalized by 2015 and go into effect in 2020. At COP17, the European Union agreed to extend its Kyoto Protocol targets to 2020, extending the agreement until 2020. The United States, however, failed to commit to any new targets, a significant issue. As a result, the conference’s goal remains to ensure that the United States stays in the UNFCCC.