Background: Paris Climate Agreement, greenhouse gas (GHG) emissions, UN Framework Convention on Climate Change.
- In a historic vote held at the plenary session of the EU Parliament in Strasbourg, a majority of the members voted in favour of ratifying the Paris Agreement. The vote paved the way for the entry into force of the Agreement in November this year, with 610 out of 678 Parliament members voting in favour of the ratification.
- As per the rules of the Agreement, adopted in Paris last year, the cumulative emissions of the ratifying parties must cross the minimum required threshold of 55 percent of global emissions for it to enter into force. Oct 4th EU vote will help the treaty to cross this minimum.
- Accounting for approximately 12 percent of greenhouse gas emissions globally, the EU-28 nations will add to the 52 percent of global emissions that the 62 ratifying parties have covered already.
- Only seven EU nations (France, Germany, Malta, Slovakia, Hungary, Austria and Portugal) have ratified the Paris Agreement at the national level. However, after the EU submits its instrument of ratification, the member nations will work on following the requisite procedures back at home.
- As per the rules, the Agreement will enter into force 30 days after at least 55 parties, representing at least 55 percent of global emissions have ratified it.