The new report says oil industry projects ignore the Paris climate agreement The EU has made compliance with any free trade agreement concluded since 2015 a precondition – and Brazil`s regression on deforestation is a potential obstacle to ratification of its agreement with the Mercosur Bloc. All remaining parties to the agreement must present their new 2030 targets before the next major UN climate meeting, to be held in Glasgow, UK, in November 2021 (this year`s climate summit has been postponed due to the pandemic). To date, only 14 revised objectives have been proposed or presented. The Trump administration officially begins the U.S. exit from the Paris climate agreement A proposal from BNP Paribas Asset Management won a 53% majority at Chevron – it asked the oil giant to ensure that its climate lobby was in line with the goals of the Paris Agreement. „What Obama did at the end of his second term was fundamentally undemocratic to sign a Paris agreement without going to the Senate and Congress and doing it instead through an executive,“ said former U.N. climate chief Yvo De Boer. The withdrawal of the United States from the 2015 Paris climate agreement is a „terrible signal,“ the former chairman of the Intergovernmental Panel on Climate Change told Euronews. The EU climate agreements and the commitments of China, Japan and South Korea on carbon neutrality indicate the inevitable of our collective transition from fossil fuels,“ said Laurence Tubiana, one of the architects of the Paris Agreement and now Director General of the European Climate Foundation. „The decision to leave the Paris agreement was wrong when it was announced, and it`s still wrong today,“ said Helen Mountford of the World Resources Institute. Although the United States played an important role in the development of the climate agreement, it will be the only one of the 200 parties to withdraw from the pact. „We know that the UK and the EU, as well as the UN Secretary-General, are planning an event on 12 December, the fifth anniversary of the conclusion of negotiations on the Paris Agreement, where they will try to achieve more ambition,“ said Andrew Light.

Democratic candidate Joe Biden said that if elected president, he would reinstate the Paris accord early in his presidency. The United States could become a party to the Paris Agreement 30 days after the official information of the United Nations Framework Convention on Climate Change. The country is then expected to present a new commitment to reduce emissions by 2030. The delay is due to the complex rules introduced in the Paris agreement to deal with the possibility that a future US president will decide to withdraw the country from the agreement. „The United States should stay with the other 189 parties to the agreement and not go out alone.“ His view on the Paris agreement was that it was unfair to the United States, so countries like India and China were free to use fossil fuels while the United States had to reduce its carbon. But without the United States, the balance between the parties that signed the Paris agreement shifts in China`s favor on key issues that have not yet been resolved. According to Michael Oppenheimer, a climatologist at Princeton University in New Jersey, China could resist demands for follow-up and detailed reports on how countries implement their policies and achieve their goals. „It doesn`t bode well for the effectiveness of the Paris agreement,“ he says. Whoever wins the U.S. presidential election, the United States officially withdraws from the Paris climate agreement on November 4. This measure is a blow to international efforts to stop global warming.

Although the agreement was signed in December 2015, the treaty did not enter into force until November 4, 2016, 30 days after ratification by at least 55 countries representing 55% of global emissions.