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The Paris Agreement New Zealand

In 2017, New Zealand and China signed a cooperation agreement on climate change: the Cartegena Dialogue is an informal group of some thirty countries working together for a comprehensive, ambitious and legally binding agreement on climate change and committed to transforming their own economies into a low-carbon economy. New Zealand voluntarily committed in Cancun to reduce or limit greenhouse gas emissions by 2020. The Cancun volunteer is outside the Kyoto Protocol. Ninety countries have made voluntary commitments – these countries are responsible for more than 80% of global emissions and account for 90% of the global economy. As part of a comprehensive comprehensive agreement, New Zealand has committed to reducing emissions by 10-20% below 1990 levels by 2020. Our promise has five conditions: New Zealand`s most important instrument for reducing greenhouse gas emissions is an Emissions Trading Scheme (ETS). The government adopted important ETS reforms in June 2020. Despite election promises and the coalition agreement to include agriculture in the ETS, emissions from the sector will only be taken into account in 2025 and farmers will be exempt from 95% of emission rights, i.e. they will have to bear the cost of only 5% of their emissions.

This is a serious setback, as agricultural emissions accounted for 48% of the country`s non-LULUCF greenhouse gas emissions in 2018, leaving the rest of the economy to meet the target. New Zealand is a party to the convention, which provides a structure for negotiating agreements on climate change. The convention was signed in 1992 at the Earth Summit in Rio de Janeiro – more than 190 countries have joined it today. Parties to the Convention and the various subsidiary groups meet regularly to discuss the implementation of the agreement, including: the US-based Centre for Climate and Energy Solutions regularly convenes informal discussions on options for the new climate change agreement. New Zealand is one of more than 20 countries participating. The Paris Agreement required action from all countries and it was expected that the targets would be strengthened over time. The ministry participates, by invitation, in the Major Economies Forum on Energy and Climate. The forum was established in 2009 to enable open discussions among major economies on climate change. .

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