Written by Valery Borkovich
(Reuters) – The United Arab Emirates aims to unveil a new national climate plan under the Paris climate agreement by the COP29 climate summit in November, aiming to reduce greenhouse gas emissions from 2025 to 2035. The method is outlined.
That would make the country one of the first major emitters to take that step ahead of the February 2025 deadline.
Sultan Al Jaber, chairman of the COP28 climate change summit held in Dubai last year, said oil-producing countries would submit new Nationally Determined Contributions (NDCs) to the United Nations to encourage others to move forward with their plans. Ta.
Why is this important?
NDCs are the cornerstone of the Paris Agreement, allowing countries to make new emissions cuts to meet the Paris goal of achieving net-zero emissions by 2050 and preventing global temperatures from rising more than 1.5 degrees Celsius. It is supposed to encourage the adoption of targets and measures.
The Paris Agreement requires countries to submit new and stronger NDCs every five years.
important quotes
“We should see NDCs not as a burden, but as a foundation for new growth streams, green jobs and a clean future,” Jaber said on the sidelines of the United Nations General Assembly and at COP28 in Dubai. The statement was made at a meeting convened by the incoming COP29 presidents. Baku, Azerbaijan, and next year’s COP will be held in Belem, Brazil.
Main context
The new round of NDCs will be the first test of the commitments made in last year’s COP 28 agreement to transition away from fossil fuels. According to the International Institute for Sustainable Development, the final round of national plans by major oil, gas and coal producers made no mention of these sectors or of phasing down production. do not have.
Advocacy group Oil Change International announced Thursday that past, current and future COP host countries are on track to increase combined oil and gas production by 33% by 2035.
(Reporting by Valerie Volcovici; Editing by Hugh Lawson)