Europe’s top economy and world’s second-largest oil producer signal plans to ratify global pact to limit warming to sub 2°C
July 6, 2016 — Leaders in Berlin and Riyadh are planning to ratify the UN’s new pact to slash greenhouse gas emissions by the end of the year,1 it was announced today.
German chancellor Angela Merkel and influential Saudi Arabian oil minister Khalid al-Falih revealed their intentions at the Petersberg Climate Dialogue, an annual gathering of envoys in Berlin.
“We are entering in a new phase, where renewables will be most important pillar of energy generation in Germany,” said Merkel.
The country’s new climate plan was under consideration at a federal level, she added, but hoped states could “agree our measures” shortly.
Former chair of Saudi Aramco Al-Falih said the oil-rich kingdom could formally join the Paris pact ahead of November’s annual UN climate summit in Morocco.
“We in Saudi Arabia are fully committed to the COP21 deal,” he said. Earlier this year, the government in Riyadh announced plans to diversify its economy away from oil.
While Germany must wait for all EU member states to formally ratify the deal, Saudi Arabia’s potential support could be enough to allow it to enter into force this year.
Ratification from 55 countries covering 55% of global emissions is required before the agreement – which targets limiting global warming to well below 2°C – is activated.
Germany accounts for around 2% of global emissions, Saudi Arabia 1%. China (22%), India (5%), Brazil (6%) and the US (13%) are other major carbon polluters expected to join before 2017.
by Ed King | Climate Change News