Source: European Parliament
The Paris Agreement aims to meet objectives in a number of areas, including curbing greenhouse gas emissions by means of combined, inclusive efforts by all countries, increased transparency and accountability, and implementation and cooperation incentives. The Conference of the Parties to the UNFCCC (COP25) took place in Madrid between 2 and 13 December 2019. At the conference, emphasis was placed on the need to regulate the emissions trading mechanism provided for in Article 6 of the Paris Agreement. Under Article 6, emission reductions can be transferred internationally in order to achieve the objectives set. No agreement could be reached, however. The topic will be discussed at the 26th Conference of the Parties to the UNFCCC in Glasgow.
In the light of the foregoing:
1 What solutions is the Commission intending to propose with the aim of protecting European industry against competitors who do not comply with the Paris Agreement?
2 In the Commission’s view, which approach on implementing Article 6 of the Paris Agreement would be the most appropriate when it comes to curbing carbon emissions?