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The 29th Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, in Baku, Azerbaijan, ended on 24 November 2024, two days late. The conference adopted a new collective quantified goal on climate finance destined towards developing countries, and finalised the rules for the operationalisation of Article 6 of the Paris Agreement, which provides for bilateral and global carbon trading.

La 29.ª Conferencia de las Partes (CP29) en la Convención Marco de las Naciones Unidas sobre el Cambio Climático se celebrará en Bakú (Azerbaiyán) del 11 al 22 de noviembre de 2024. El anfitrión de la CP29 ha enmarcado la conferencia en torno a dos pilares: «aumentar la ambición» y «posibilitar la acción»; el primero centrado en los planes de acción por el clima de las partes y el segundo centrado en la financiación de la lucha contra el cambio climático. Está previsto que el Parlamento Europeo someta ...

Alcanzar la neutralidad climática de aquí a 2050 requerirá absorciones de carbono para cubrir las emisiones que siguen siendo difíciles de reducir y lograr, a partir de 2050, emisiones negativas con arreglo a la Legislación Europea sobre el Clima. El marco de certificación propuesto tiene por objeto garantizar un marco de gobernanza transparente y creíble para generar confianza en las absorciones de carbono certificadas por la Unión e incentivar una mayor implantación. En febrero de 2024, los colegisladores ...

The 28th Conference of the Parties (COP28) to the UN Framework Convention on Climate Change in Dubai, United Arab Emirates, ended on 13 December 2023. The conference operationalised the Loss and Damage Fund, which was established by COP27 in 2022. It also concluded the first global stocktake of climate action under the Paris Agreement and adopted a decision calling for accelerated short-term action and an orderly transition away from fossil fuels towards climate-neutral energy systems – the first-ever ...

The 2015 Paris Climate Agreement and the 2019 European Green Deal initiated a wave of EU policies and legislation to combat climate change and protect the environment. Achieving a green transition became a key driver of EU policies. While many pieces of legislation were being discussed or adopted, the COVID-19 pandemic and the Russian invasion of Ukraine moved the political focus to supply chain security and energy dependencies. Since then, achieving open European strategic autonomy for the EU economy ...

Last year’s UN Climate Change Conference, COP27, made some headway in efforts to fight climate change, but its overall progress was limited. The gathering agreed to create a loss-and-damage fund, to support poorer countries disproportionately affected by climate change while only being responsible for a small share of global greenhouse gas emissions. Governments at COP27 also called for reform of the International Monetary Fund and the multilateral development banks, to align global public finance ...

This study provides an overview of the status of international climate negotiations and issues at stake at the COP27 climate change conference. It also addresses the current implementation of the Paris Agreement, the stakeholders in the negotiations and the climate policies of key Parties. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on the Environment, Public Health and Food Safety (ENVI).

Russia’s war on Ukraine has reduced supplies of gas and oil to the European Union and other regions, increasing energy prices and complicating efforts to cut emissions of greenhouse gases. Faced with oil and gas shortages, some countries have started to fire up polluting coal power plants which had previously been shut down, or have postponed their planned closure. Burning coal or lignite emits much more carbon dioxide than using oil and gas to produce electricity. Scientists and analysts are urging ...

The 48th G7 Summit took place at Schloss Elmau, Germany, on 26-28 June 2022. Russia's war on Ukraine has heavily affected the G7's deliberations this year and created pressing new global challenges that were discussed both in the preparatory meetings and at the summit itself. The resulting communiqué focuses on supporting Ukraine, on reducing the impact of the war on the global economy, security of supply and prices of energy and food, climate challenges and the new G7 partnership for infrastructure ...

Following prolonged talks, the 26th Conference of the Parties ended late on 13 November 2021. With countries' nationally determined contributions (NDC) ahead of the event leading to an estimated 2.7°C warming towards the end of the century, the host, the United Kingdom, set the goal to keep a limit of 1.5°C warming within reach.