Tuesday, January 24, 2023
- Advertisement -
- Advertisement -
SocietyEthiopia a step closer to ratifying Paris Agreement

Ethiopia a step closer to ratifying Paris Agreement

The House of People’s Representatives (HPR) on Tuesday discuss a draft bill that was presented by the Office of the Prime Minister to ratify the Paris Agreement. The Paris Agreement is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gases emissions mitigation, adaptation and finance starting in the year 2020. 

Ethiopia has been one of the signatory countries to the landmark agreement.

According to the draft bill, the Ministry of Environment, Forest and Climate Changes will be responsible for the role of enforcing the provision of the Agreement.

The Paris Agreement builds upon the Convention and – for the first time – brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. As such, it charts a new course in the global climate effort.

The Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below two degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.

Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts of climate change. To reach these ambitious goals, appropriate financial flows, a new technology framework and an enhanced capacity building framework will be put in place, thus supporting action by developing countries and the most vulnerable countries, in line with their own national objectives. The Agreement is also believed provides for enhanced transparency of action and support through a more robust transparency framework. 

A record 175 countries, including the world’s top polluters China, the United States and India, signed the historic global deal at the UN headquarters in New York boosting hopes of quick action on combating global warming.

Prime Minister Hailemariam Dessalegn also signed the historic Paris Agreement. Ethiopia has been spearheading Africa’s common position on climate change to make sure the continent speaks with one voice in global climate change negotiations.

Many African countries including Ethiopia have managed to meet many of the millennium development goals including eradicating extreme poverty, and keep working hard to establish sustainable economy.

African negotiators, however, say climate change has become a growing threat to sustain those achievements and continent’s goals to lift millions of people out of poverty.

- Advertisement -



More like this

Liquidity shortage returns, new loan applications halt

Banks have been compelled to halt considering new loan...

Fixing Addis light rail may cost at least $60 million

Lack of spare components has idled 23 trains About USD...

Bill proposes liberalizing domestic airline industry

Foreign aviators demand tax holiday, operating space The federal government...

Electric cars pose risk to insurers, create new claim scenarios

Charter revision underway Insurance firms are confronted with new claim...