We'll always have Paris
Putting last year's climate deal into action will be the main theme of 2017
The climate focus in 2017 will shift to the national level, as the ratification of the Paris Agreement gives way to implementation. Expect significant developments in carbon trading in China, but not much news from the US. More than 190 signatories to the treaty must start developing institutions and measures to help achieve the emission-reductions goals they set for themselves. They will, at least, have a little time. The Paris Agreement's provisions come into effect in 2021, after the end of the Kyoto Protocol's second compliance period. By then member states should have written the rulebook and developed the bodies that govern, among other things, international emissions trading, financia
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions