A decade after the Paris climate agreement, a critical juncture has arrived. While failures are easy to spot, the successes are often overlooked. The growth of renewable energy has been remarkable, with a 15% increase last year, accounting for over 90% of new power generation. Clean energy investments surpassed $2 trillion, outpacing fossil fuel investments. Electric vehicles are gaining traction, and low-carbon power is making significant strides in China and India.
Laurence Tubiana, a key architect of the Paris accord, believes this shift towards clean energy is undeniable. She emphasizes that the Paris agreement has set a global precedent that no country can ignore. Bill Hare, from Climate Analytics, agrees, stating that the agreement's goals have reshaped policies and markets, influencing how states and institutions operate.
Ed Miliband, the UK energy secretary, highlights the impact of the Paris summit. Before the agreement, the planet was on course for a catastrophic 4-degree Celsius increase in temperature. Post-Paris, this was reduced to 3 degrees, and subsequent commitments brought it down further to around 2.5 degrees.
However, the response to the Paris agreement has been uneven. Some key countries, like the US under Trump, have undermined the agreement's progress. China's emissions, which appeared to peak in 2015, surged again in 2017, possibly influenced by Trump's tariffs. This has led to concerns about the global consensus and the commitment of rich nations to support poorer countries.
The question arises: can countries learn from the past decade's mistakes to keep the Paris agreement alive? The last ten years have been marked by contradictions and setbacks. The election of Donald Trump in 2016 dealt an early blow to the agreement, and his actions may have influenced China's emissions surge.
China's economic decisions are complex, but its actions have had global repercussions. While China added more renewable energy than the rest of the world last year, its emissions remain high. India, too, faces challenges, with growing coal production despite significant renewable energy targets.
The Paris agreement was made possible by a global alliance, including vulnerable and rich countries. However, recent COP summits have seen a fracture between developed and developing nations. Poorer countries are concerned about the lack of vaccine sharing during the pandemic and the slow progress on the loss and damage fund.
Rich countries must fulfill their promises and bridge the divide. They need to lead on phasing out oil and gas, working with petro states, and providing financial assistance. The US, in particular, poses a challenge, with its hostile approach to climate negotiations.
Tina Stege, the Marshall Islands' climate envoy, emphasizes the impact of geopolitics on the Paris consensus. She believes that multilateral cooperation is crucial, especially in a multipolar world. For both large and small countries, working together is the best hope for a viable future.
The Paris agreement's survival depends on the actions and commitments of all nations. It's a delicate balance, and the stakes are high. Will the world come together to address the climate crisis effectively, or will it continue to be a divisive issue?