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What is in Paris Agreement Rulebook forged at Katowice?

What is in Paris Agreement Rulebook forged at Katowice?

On December 15, international climate change negotiators reached an agreement, the “Paris Rulebook” at COP24 Katowice, in Poland. The text charts a path forward for countries to set tougher targets for cutting greenhouse gases under the Paris climate agreement, as well as stronger transparency rules for countries in disclosing their emissions. Delegates believe the new rules will ensure that countries keep their promises to cut carbon. The Katowice agreement aims to deliver the Paris goals of limiting global temperature rises to well below 2C.

The Katowice summit has yielded a common rulebook that will apply across the world on implementing the historic Paris Agreement on climate change, including greater transparency on efforts to reduce carbon emissions contributing to global warming.

Parties agreed to revise and enhance their commitments in the form of Nationally Determined Contributions (NDCs) before 2020, according to the 156-page rulebook. They must outline mitigation and adaptation measures as well as details of financial support for climate action in developing countries.

Parties agree how to undertake a “global stocktake” of the effectiveness of climate action in 2023, and how to assess progress. Discussions on robust measures to ensure that countries are held to proper standards and find it harder to wriggle out of commitments dominated the final stages.

As current pledges are not enough to limit warming to 1.5 degrees and to achieve the pact’s goals, countries must commit to greater levels of climate action and support and follow through on those commitments.

The main issues to be resolved concern the use of cooperative approaches contained in the agreement’s Article 6. In short, it hinges around carbon trading. Countries were expected to agree rules to ensure they do not double count emissions reductions; when one country is allowed to pay another to lower emissions but count those lower emissions towards their own emissions. Resistance, by Brazil in particular, meant sign-off proved impossible.

Read More: EUROPE MUST WIPE TEARS AND SEIZE THE MOMENT TO CRAFT A NEW GLOBAL ORDER


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