Is China Still in the Paris Agreement
China`s pandemic stimulus package will reach more than four trillion CNY ($565 billion) by 2020, or about 4.5 percent of the country`s GDP, with figures expected to reach up to CNY 17.5 trillion by 2025 to support the new infrastructure plan. The stimulus package is a clear sign of China`s commitment to its cutting-edge industrial strategies and existing goals for the development of advanced technologies and digital infrastructure. The package also includes budgets for electromobility projects such as charging infrastructure and public transport, as well as national high-speed trains. While this is an improvement over the post-CSF stimulus package a decade earlier, when incentives targeted the construction of physical infrastructure and caused a multi-year emissions boom, the post-COVID-19 plan still cannot be considered climate-friendly. China has officially committed to reaching its CO2 emissions by 2030. But as it stands, there is still „little clarity“ about the level at which its emissions will peak, in what specific year the peak will be reached and how quickly emissions will decline thereafter, according to Lauri Myllyvirta, a senior analyst at the Center for Research and Clean Air. In 2014, the United States and China jointly laid the groundwork for the Paris Agreement and jointly announced their goals ahead of negotiations. Climate experts were relieved when China moved forward after Trump announced that the United States would withdraw from the deal. EU leaders celebrated this commitment as a sign of Europe`s climate leadership. However, it is slightly below the Paris Agreement`s 1.5 degree target, according to Climate Action Tracker (which estimates that a 58-70% reduction would be needed). Of course, since China is the world`s largest emitter, its climate action is at the heart of the success of the Paris Agreement. With its ratification by the European Union, the agreement received enough contracting parties to enter into force on 4 November 2016.
„Yes, we have big disagreements with China on some key issues, absolutely. But the climate has to stand on its own,“ he said. But key new climate commitments from the European Union and the UNITED Kingdom, including at last weekend`s virtual summit on climate ambition, held on the fifth anniversary of the Paris Agreement, have boosted momentum for the new year. Chinese President Xi Jinping also announced the update of the NDC`s goals, which are a step forward, but not as ambitious as climate activists had hoped. „The agreement provides for expert and peer review of these reports,“ Bodansky said. Scott said the deal had no way of holding nations accountable if they deviated from achieving their goals. While the targets may be a boon for clean energy growth, they are unlikely to significantly reduce fossil fuel consumption, Li said. China still has the largest number of coal-fired power plants under development in the world, which will lead to higher emissions, and none of the targets directly address this problem. The compliance rules of the agreement may be weak, but they apply equally to all participating countries.
The Biden administration will determine how ambitious the U.S. goals will be when it joins the deal. At this point, we don`t know what it will be. There is a debate about the extent to which the comprehensive approach of the agreement responds to the challenge of climate change. Here, we focus on Scott`s claim that the deal puts the U.S. at a disadvantage because it does nothing to hold „real“ polluters like China and India accountable. The Paris Agreement is not strictly enforced, but Scott`s comparisons with China and India are misleading. We generally consider this statement to be false. In a statement on Saturday, Biden promised that the United States would join the Paris Agreement „on the first day of my presidency“; It also committed to achieving a long-term goal of net-zero emissions by 2050.
But the short-term goal that the U.S. will propose as an updated NDC once it joins Paris next year has yet to be announced. The 4. In November 2019, the United States notified the depositary of its withdrawal from the agreement, which is to take effect exactly one year after that date.  Meanwhile, Fransen noted that countries particularly at risk of climate change continue to set ambitious targets at the summit. These countries, including island states like the Maldives, are a „moral beacon“ for the rest of the world, she said. For several island states, the success of the Paris Agreement is an existential quest: many can become uninhabitable if the global temperature rises by 1.5 degrees. A series of announcements over the weekend at a United Nations climate summit raised hopes that global emissions are still in line with the goals of the Paris Agreement and can avoid the more severe effects of climate change. These new promises come in a year that must have been an important test for the global deal, even before the Trump administration`s withdrawal and the global spread of Covid-19. Closing that gap means a solid deal here in Glasgow.
„The established coal players are still very powerful. Beijing`s main task will be to avoid a rush for carbon-intensive development before the medium-term commitments come into force, which would significantly complicate a smooth transition to low-carbon development. Other laggards to the Paris Agreement include Brazil and Russia, which have introduced new NDCs but have not increased their severity. Brazil actually submitted a new NDC weaker than the previous one, according to Fransen. Indonesia and Australia have also said they will not increase their ambitions, climate action tracker reports. Some major emitters have committed to offering higher targets, but have not yet done so, including India. But even if this goal was set, it was still a gamble whether countries were voluntarily pursuing it seriously. The non-binding agreement is structured in such a way that countries themselves determine how quickly they want to reduce their emissions; there is no top-down application of the benchmarks for each country. The idea is that transparency will spur action: countries submit their own commitments every five years, called Nationally Set Contributions (NDCs), and these plans are expected to become increasingly ambitious, hoping they will become strong enough to keep warming below 2 degrees. Both the EU and its Member States are individually responsible for ratifying the Paris Agreement. It has been reported that the EU and its 28 Member States deposit their instruments of ratification at the same time to ensure that neither the EU nor its Member States commit to commitments that belong strictly to each other, and there have been fears that disagreement over each Member State`s share of the EU-wide reduction target, as well as the British vote to leave the EU may delay the Paris Pact.
 However, the European Parliament approved the ratification of the Paris Agreement on 4 October 2016 and the EU deposited its instruments of ratification on 5 October 2016 with several EU Member States.  Eu climate policy chief Frans Timmermans said it was „really encouraging“ to see China and the US working together. „It also shows that the U.S. and China know that this issue goes beyond other issues. And it certainly helps us here at the COP to reach an agreement,“ he added. However, various Chinese experts interviewed by Carbon Brief believe that the combination of targets in the documents, if fully implemented, could still result in a lower emissions summit achieved earlier than the officially declared „before 2030“ target. .