2025 Paris Agreement Renewable Energy 
Union of Concerned Scientists
OCTOBER 31, 2024
That’s because countries previously agreed under the Paris Agreement that, by the end of 2024, they would decide on the new quantum of climate finance for lower-income countries, building on the previous target of $100 billion/year. Here’s what’s on the agenda at COP29 in Baku, Azerbaijan, and why it matters.
Enviromental Defense
NOVEMBER 6, 2024
After 30 years of international negotiations failing to mention the root cause of the climate crisis, the acknowledgement that we must phase out all fossil fuels and massively scale up renewable energy in order to effectively tackle the climate crisis, was both long overdue and extremely significant. Unsurprisingly, trust was broken.
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Clean Energy Law
JANUARY 17, 2024
The Eligibility List followed the signing of an inaugural Article 6 implementation agreement with Papua New Guinea on carbon credits cooperation. Accordingly, each respective agreement will outline the structure and procedures for producing and transferring carbon credits in accordance with Article 6 of the Paris Agreement.
Enviromental Defense
NOVEMBER 8, 2024
This new framework aims to replace the existing 2009 commitment from developed countries to provide $100 billion annually between 2020 and 2025 — a target missed by years. The next round is due in February 2025. At least $1 trillion per year is required to meet the immediate climate needs of developing countries.
Capaccio
JANUARY 11, 2024
The 2023 United Nations Conference of the Parties (COP28) marked the first Global Stock take to assess progress toward the Paris Agreement since its ratification in 2015 at COP21. This agreement calls on all Parties to contribute to doubling energy efficiency and tripling renewable energy capacity by 2030.
Union of Concerned Scientists
SEPTEMBER 23, 2024
When countries signed on to the 2015 Paris Agreement, they made initial voluntary commitments (the so-called Nationally Determined Contributions or NDCs) to reduce their heat-trapping emissions, and agreed to revisit them every five years to reflect the “highest possible ambition.” (see of the Paris Agreement ).
Union of Concerned Scientists
MARCH 23, 2023
The EPA’s Social Cost of Carbon was adjusted to 2025 to align with the emissions year of the NO x and SO 2 estimates.) The bottom line: There’s still a long way to go, and the clean energy transition must move quicker than it has been—despite the fossil fuel industry’s self-serving claims to the contrary.
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