Following the adoption of the Paris Agreement, financial analysts advised clients about the long-term signal that the agreement’s provisions sent to the markets.
On Wednesday February 25, 2015, the European Commission published the Intended Nationally Determined Contribution (INDC) of the European Union, a detailed description of the effort the EU will offer to undertake in cutting greenhouse gas emissions as part of an international agreement on tackling climate change.
Despite Trump’s rhetoric and the uncertainty over whether the US will remain part of the Paris Agreement, climate action continues at the subnational level in the US and other countries around the world.
Experts on climate change policy speak in support of the US contribution to the UNFCCC process and the Paris Agreement.
On Sunday, December 14, 2014, UN climate negotiations closed in Lima, Peru with negotiators agreeing to text that will form the basis for a new international agreement expected next year in Paris. The Lima decision sets the foundation for a Paris agreement that can move the world closer to a clean energy pathway that avoids catastrophic impacts of global warming.