With EU, India ratification Paris treaty to get closer to entering into force
SOURCE : THE HINDU
- European Union ministers approved the ratification of the Paris Agreement at a historic meeting of the Environment Council in Brussels.
- This decision brings the Paris Agreement closer to entering into force.
- As of now, 61 countries, accounting for almost 48 per cent of global emissions have ratified the deal. India, which accounts for 4.1 per cent of global emissions, has agreed to ratify the deal on October 2. The 28 EU member nations together account for close to 12 per cent of global greenhouse gas emissions. The addition of EU and India, therefore, will take the cumulative emissions of ratifying parties to over 64 per cent, which is well beyond the 55 per cent minimum required for the treaty to enter into force.
- The Paris climate agreement was due for entry into force only in 2020, as the deal pertains to the post-2020 climate action agenda. However, in accordance with Article 21, paragraph 1 of the Paris Agreement, the Agreement shall enter into force on the thirtieth day after the date on which at least 55 Parties to the Convention accounting in total for at least an estimated 55 per cent of the total global greenhouse gas emissions have deposited their instruments of ratification, acceptance, approval or accession with the Depositary. Most international treaties take much longer to enter into force. The Kyoto Protocol, adopted in 1997, entered into force only eight years later, in 2005. The Paris climate treaty was adopted in December last year.
SOURCE : THE HINDU
