PE Live: Paris climate contributions are standardising
Second round of NDCs sees greater similarity in formats, with many adopting net-zero targets
Countries’ contributions towards the Paris Agreement have become more standardised since first being proposed, making them easier to evaluate, according to panellists on a PE live debate titled Everything the World Needs to Achieve at Cop26. The Paris Agreement—reached in 2015—is a legally binding agreement to limit global warming to below 2°C this century. But although the overall agreement is binding, national contributions to it are voluntary, with the idea that each country would contribute what it could and that these contributions would then be ‘ratcheted’ over time to increase ambition to the required levels. This resulted in the so called ‘nationally determined contributions’ (NDCs)

Also in this section
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers