The Paris Agreement:A call for action

1

Jake Werksman

European CommissionClimate Action

Outline

• 1. The Paris outcome

• 2. Implementation

• 3. EU action

2

Climate Action

The Paris Agreement

• Legally binding, universal agreement

• Long-term goal

• 5-year ambition cycle

• Transparency and accountability

• Support

3

Climate Action

An ambitious Agreement

• A long-term goal to hold temperature increases below 20 C, and pursue efforts to limit to 1.50 C

• Global emissions to peak as soon as possible, net zero emissions in the second half of the Century

• Legally binding obligations to maintain successive targets and to pursue domestic mitigation measures – over 187 countries have submitted their plans

• A global stocktake every five years starting in 2018 with increased ambition over time

4

Impact of the INDC on global emissions(GtCO2e, total excluding sinks) and percent change

in emission intensity per unit of GDP

5

Source: POLES – model of European Commission's Joint Research Centre

Potential impact of INDCs on global cumulative investment in the power sector, 2015 – 2040

6IEA WEO2015

A transparent Agreement

• All Parties must account for their contributions –track progress on targets

• Methodologies and common metrics will apply

• Enhanced transparency and accountability framework, with biennial reporting and expert review

• No double counting : essential for linking of emission trading systems

7

A fair Agreement

• Support for vulnerable countries

• Goal of mobilising US$100bn per year extended to 2025, new goal to be set before 2025 widening the donor base

• Capacity building and technology transfer for developing countries; support for monitoring, reporting and verification

• Adaptation at political par; Loss and Damage for the first time part of an international agreement

8

Outline

• 1. The Paris outcome

• 2. Implementation

• 3. EU action

9

Timetable

• April 2016: Signing of Paris Agreement, New York• Ratification, entry into force?

• 2018: Facilitative dialogue: assessment of need for further global action, based on past performance and IPCC Special Report

• 2020: Update: communicate or update existing NDC & submission of first mid-century emission reduction strategy

• 2023: Global stocktake• 2025: Update NDC

10

Key priorities

11

Delivery on commitments

Move on INDC implementation Cooperation and solidarity

Preparing Paris mechanics

• Further develop policies• Follow up on Lima-Paris Action

Agenda

• Policy cooperation• Make progress on availability and

effectiveness of support

Dynamism Transparency

Outline

• 1. The Paris outcome

• 2. Implementation

• 3. EU action

12

0

1.000

2.000

3.000

4.000

5.000

6.000

1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050

Mt

CO

2 e

qu

iva

len

t

Historic emissions Projections with existing measures (based on MS submissions)

At least 40% reduction

compared to 1990

80% reduction

compared to 1990

20% reduction

compared to 1990

-23%

in 2014

The development of EU GHG emissions since 1990,

future projections until 2030, and pathway to 2050

Source: European Environment Agency, European Commission

13

2030 Climate and Energy Framework

14

Development of renewable energy in the EU since 1990

15 Source: Eurostat

today 16 % of energy use in the EU ()

Mto

e

today of energy use in the EU (Mtoe)

16

%

Climate Action

The development of the EU's energy efficiency gains until 2030

1.854 Mtoe 1.887 Mtoe

1.542 Mtoe

1.490 Mtoe

1.369 Mtoe

1.713 Mtoe

1.307 Mtoe

1,200

1,300

1,400

1,500

1,600

1,700

1,800

1,900

2,000

2000 2005 2010 2015 2020 2025 2030

Prim

ary

energ

y c

onsum

ption (

Gro

ss I

nla

nd

consum

ption -

non-e

nerg

y u

ses)

in M

toe

2020 and 2030 energy savings targets

2007 Reference scenario

2013 Reference scenario

Energy efficiency target of 27%

Energy efficiency target of 30%

20% energy saving targetin 2020

16-18% energy savings projected to be achieved

16

Climate Action

17

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2010 2020 2030

Sh

are o

f en

erg

y s

ou

rces,

gro

ss in

lan

d

co

nsu

mp

ito

n

Energy Mix

Renewable energy forms

Natural gas

Nuclear

Oil

Solids

Gross Inland Consumption,

2010 = 100%

Source: 2030 Framework Communication, Impact Assessment, GHG40 scenario, PRIMES 2014

Climate Action

EU: Additional tasks

18

2016 • International aviation: ICAO Assembly 2016

• Montreal Protocol: phase down of global emissionsof fluorinated gasses

• Mid-term review EU Multi-annual Financial Framework

• Capital markets/financial services

• Climate Diplomacy Action Plan 2.0 consistent withEU Global Strategy

• Synergies with Sustainable Development Goals

2017 • Evaluation of EU Adaptation Strategy

2018 • Contribution to IPCC 1.5 °C Report

2019/2020

• Mid century strategies until 2050

Thank you!

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