Europe’s biggest ever trade deal finally got the nod Friday after 25 years of
negotiating.
It took blood, sweat, tears and tortured discussions to get there, but EU
countries at last backed the deal with the Mercosur bloc — paving the way to
create a free trade area that covers more than 700 million people across Europe
and Latin America.
The agreement, which awaits approval from the European Parliament, will
eliminate more than 90 percent of tariffs on EU exports. European shoppers will
be able to dine on grass-fed beef from the Argentinian pampas. Brazilian drivers
will see import duties on German motors come down.
As for the accord’s economic impact, well, that pales in comparison with the
epic battles over it: The European Commission estimates it will add €77.6
billion (or 0.05 percent) to the EU economy by 2040.
Like in any deal, there are winners and losers. POLITICO takes you through who
is uncorking their Malbec, and who, on the other hand, is crying into the
Bordeaux.
WINNERS
Giorgia Meloni
Italy’s prime minister has done it again. Giorgia Meloni saw which way the
political winds were blowing and skillfully extracted last-minute concessions
for Italian farmers after threatening to throw her weight behind French
opposition to the deal.
The end result? In exchange for its support, Rome was able to secure farm market
safeguards and promises of fresh agriculture funding from the European
Commission — wins that the government can trumpet in front of voters back home.
It also means that Meloni has picked the winning side once more, coming off as
the team player despite the last-minute holdup. All in all, yet another laurel
in Rome’s crown.
The German car industry
Das Auto hasn’t had much reason to cheer of late, but Mercosur finally gives
reason to celebrate. Germany’s famed automotive sector will have easier access
to consumers in LatAm. Lower tariffs mean, all things being equal, more sales
and a boost to the bottom line for companies like Volkswagen and BMW.
There are a few catches. Tariffs, now at 35 percent, aren’t coming down all at
once. At the behest of Brazil, which hosts an auto industry of its own, the
removal of trade barriers will be staggered. Electric vehicles will be given
preferential treatment, an area that Europe’s been lagging behind on.
Ursula von der Leyen
Mercosur is a bittersweet triumph for European Commission President Ursula von
der Leyen. Since shaking hands on the deal with Mercosur leaders more than a
year ago, her team has bent over backwards to accommodate the demands of the
skeptics and build the all-important qualified majority that finally
materialized Friday. Expect a victory lap next week, when the Berlaymont boss
travels to Paraguay to sign the agreement.
Giorgia Meloni saw which way the political winds were blowing and skillfully
extracted last-minute concessions for Italian farmers after threatening to throw
her weight behind French opposition to the deal. | Ettore Ferrari/EPA
On the international stage, it also helps burnish Brussels’ standing at a time
when the bloc looks like a lumbering dinosaur, consistently outmaneuvered by the
U.S. and China. A large-scale trade deal shows that the rules-based
international order that the EU so cherishes is still alive, even as the U.S.
whisked away a South American leader in chains.
But the deal came at a very high cost. Von der Leyen had to promise EU farmers
€45 billion in subsidies to win them over, backtracking on efforts to rein in
agricultural support in the EU budget and invest more in innovation and
growth.
Europe’s farmers
Speaking of farmers, going by the headlines you could be forgiven for thinking
that Mercosur is an unmitigated disaster. Surely innumerable tons of South
American produce sold at rock-bottom prices are about to drive the hard-working
French or Polish plowman off his land, right?
The reality is a little bit more complicated. The deal comes with strict quotas
for categories ranging from beef to poultry. In effect, Latin American farmers
will be limited to exporting a couple of chicken breasts per European person per
year. Meanwhile, the deal recognizes special protections for European producers
for specialty products like Italian parmesan or French wine, who stand to
benefit from the expanded market. So much for the agri-pocalpyse now.
Mercosur is a bittersweet triumph for European Commission President Ursula von
der Leyen. | Olivier Matthys/EPA
Then there’s the matter of the €45 billion of subsidies going into farmers’
pockets, and it’s hard not to conclude that — despite all the tractor protests
and manure fights in downtown Brussels — the deal doesn’t smell too bad after
all.
LOSERS
Emmanuel Macron
There’s been no one high-ranking politician more steadfast in their opposition
to the trade agreement than France’s President Emmanuel Macron who, under
enormous domestic political pressure, has consistently opposed the deal. It’s no
surprise then that France joined Poland, Austria, Ireland and Hungary to
unsuccessfully vote against Mercosur.
The former investment banker might be a free-trading capitalist at heart, but he
knows well that, domestically, the deal is seen as a knife in the back of
long-suffering Gallic growers. Macron, who is burning through prime ministers at
rates previously reserved for political basket cases like Italy, has had
precious few wins recently. Torpedoing the free trade agreement, or at least
delaying it further, would have been proof that the lame-duck French president
still had some sway on the European stage.
Surely innumerable tons of South American produce sold at rock-bottom prices are
about to drive the hard-working French or Polish plowman off his land, right? |
Darek Delmanowicz/EPA
Macron made a valiant attempt to rally the troops for a last-minute
counterattack, and at one point it looked like he had a good chance to throw a
wrench in the works after wooing Italy’s Meloni. That’s all come to nought.
After this latest defeat, expect more lambasting of the French president in the
national media, as Macron continues his slow-motion tumble down from the
Olympian heights of the Élysée Palace.
Donald Trump
Coming within days of the U.S. mission to snatch Venezuelan strongman Nicolás
Maduro and put him on trial in New York, the Mercosur deal finally shows that
Europe has no shortage of soft power to work constructively with like-minded
partners — if it actually has the wit to make use of it smartly.
Any trade deal should be seen as a win-win proposition for both sides, and that
is just not the way U.S. President Donald Trump and his art of the geopolitical
shakedown works.
It also has the incidental benefit of strengthening his adversaries — including
Brazilian President and Mercosur head honcho Luiz Inácio Lula da Silva — who
showed extraordinary patience as he waited on the EU to get their act together
(and nurtured a public bromance with Macron even as the trade talks were
deadlocked).
China
China has been expanding exports to Latin America, particularly Brazil, during
the decades when the EU was negotiating the Mercosur trade deal. The EU-Mercosur
deal is an opportunity for Europe to claw back some market share, especially in
competitive sectors like automotive, machines and aviation.
The deal also strengthens the EU’s hand on staying on top when it comes to
direct investments, an area where European companies are still outshining their
Chinese competitors.
Emmanuel Macron made a valiant attempt to rally the troops for a last-minute
counterattack, and at one point it looked like he had a good chance to throw a
wrench in the works after wooing Italy’s Meloni. | Pool photo by Ludovic
Marin/EPA
More politically, China has somewhat succeeded in drawing countries like Brazil
away from Western points of view, for instance via the BRICS grouping,
consisting of Brazil, Russia, India, China and South Africa, and other
developing economies. Because the deal is not only about trade but also creates
deeper political cooperation, Lula and his Mercosur counterparts become more
closely linked to Europe.
The Amazon rainforest
Unfortunately, for the world’s ecosystem, Mercosur means one thing: burn, baby,
burn.
The pastures that feed Brazil’s herds come at the expense of the nation’s
once-sprawling, now-shrinking tropical rainforest. Put simply, more beef for
Europe means less trees for the world. It’s not all bad news for the climate.
The trade deal does include both mandatory safeguards against illegal
deforestation, as well as a commitment to the Paris Climate Agreement for its
signatories.
Tag - Paris climate agreement
LONDON — Europe’s leaders have discovered yet another hill they are unwilling to
die on: their long-held dream of a world fighting climate change together.
President Donald Trump launched his most far-reaching attack on the
international climate process Wednesday by ordering the U.S. to withdraw from
the 1992 treaty that underpins most global attempts to stave off global warming.
It means the world’s richest country and second-largest greenhouse gas emitter
will play no further part in United Nations-led efforts to mitigate climate
change — a position that could prove impossible to reverse by a future U.S.
administration.
European leaders might, then, have been expected to respond with loud
condemnation. But the silence was deafening.
Ursula von der Leyen? Schtum. Keir Starmer? Crickets. Emmanuel Macron,
meanwhile, was low-key.
On Thursday, in a speech to French diplomats, the French president admitted the
U.S. attacks on multilateralism, including Wednesday’s pledge to withdraw from
66 international organizations spanning environmental, social and human rights
issues — the U.N. Framework Convention on Climate Change (UNFCCC) among them —
“weakens all the bodies through which we can resolve common issues.”
But Macron warned his officials: “We are not here to comment, we are here to act
… If we have an intelligent response to offer, we do so. If we don’t have an
intelligent response to offer, we look elsewhere.”
It’s a far cry from 2017, when leaders across Europe lined up to hammer Trump
for ditching the Paris Agreement — a less serious violation of the international
regime, given there are now questions about whether the U.S. will ever be able
to rejoin the UNFCCC, in which the Paris Agreement resides.
But the world looks very different now than it did in 2017. Climate change
concerns have been sucked into the black hole of Trump’s geopolitical tumult,
and even if Europeans feel aggrieved, little sign of it has escaped the event
horizon.
“With Europeans still critically reliant on U.S. intelligence and being able to
purchase U.S. arms to ensure Ukraine’s survival, it makes no sense to criticize
Trump’s latest assault on combating climate change, just as they haven’t
criticized the Venezuela operation,” said Robin Niblett, former director of the
Chatham House foreign affairs think tank.
PICK YOUR BATTLES
EU leaders have demonstrated this week that violations of international law and
multilateral trust are way below the bar for confronting the Trump
administration. Only a direct threat to invade European territory in Greenland
has stirred Europe’s leaders to respond.
“This is the bigger picture we’re seeing — European leaders essentially sort of
pick their battles in this environment, and unfortunately, the UNFCCC process
isn’t their biggest priority right now,” said Susi Dennison, senior fellow at
the European Council on Foreign Relations.
“The White House doesn’t care about environment, health or suffer[ing] of
people,” Teresa Ribera said on social media. | Oscar del Pozo/AFP via Getty
Images
On top of that, she added, Trump’s attacks on climate action have lost their
shock value. Wednesday’s announcement is “consistent with the withdrawal from
climate action as a specific goal of the administration,” she said.
Officials in the offices of the leaders of Britain, France, Germany and the
European Commission declined requests from POLITICO to comment on the
announcement that the U.S. would ditch the UNFCCC and also withdraw from the
Intergovernmental Panel on Climate Change (IPCC), the U.N. climate science body,
and the Green Climate Fund.
The response was left to a smattering of lowly environment ministers, who
expressed a mixture of exasperation and anger but very little shock at the
announcement. (German Climate Minister Carsten Schneider simply noted that it
“comes as no surprise.”)
One of the most prominent criticisms came from European Commission Executive
Vice-President Teresa Ribera, a Spanish socialist who is one of the EU
executive’s most outspoken advocates for strong climate action. “The White House
doesn’t care about environment, health or suffer[ing] of people,” she said on
social media.
Meanwhile, in the U.K., the populist right-wing Reform party, currently leading
in the polls, said Britain should follow suit and ditch the climate treaty.
EUROPE ALONE
Schneider, the German minister, also echoed a common view in saying the move
would leave the U.S. isolated on the international stage. But Washington’s exit
also leaves the Europeans without a key ally in global negotiations.
Europe discovered what it meant for the U.S. to be absent from U.N. climate
talks in Brazil last year when the Trump administration decided to send no
delegates. A coalition of emerging economies effectively quashed any chance that
the conference would make meaningful advances or that the Europeans would pursue
their agenda.
Legal opinions vary on whether a U.S. reentry to the UNFCCC would be as
straightforward as a presidential decree or if it would require the U.S. Senate
to ratify the deal, as it did in the early 1990s. The chance of a lockout raises
the prospect of a permanent rebalancing of power inside the U.N. climate
process.
The Trump administration’s withdrawal from the IPCC comes as it drafts its next
round of vital climate science reports. While the move doesn’t stop individual
U.S. scientists from contributing, Washington will not get to influence the
report summaries that end up informing policymakers, which need to be signed off
on by all governments.
As with the U.N. climate talks, others may step into the vacuum to take
advantage of the U.S. absence. But Dennison thinks it won’t be the Europeans.
“I’m no longer even remotely optimistic that Europe is capable right now of
playing that role,” she said, pointing to the growing divisions over climate
action among EU governments and the rollbacks of key green legislation over the
past year. “I don’t think that Europeans are going to step into any void.”
Karl Mathiesen and Charlie Cooper reported from London. Zia Weise reported from
Brussels. Josh Groeneveld contributed reporting from Berlin. Nicolas Camut
contributed reporting from Paris. Emilio Casaliccio contributed reporting from
London.
PARIS — How do you celebrate a major anniversary of the world’s most significant
climate treaty while deprioritizing the fight against climate change?
That’s the quandary in Paris heading into Friday, when the landmark Paris
Agreement turns 10.
With budgets strapped and the fight against climate change losing political
momentum, the only major celebration planned by the French government consists
of a reception inside the Ministry of Ecological Transition hosted by the
minister, Monique Barbut, according to the invitation card seen by POLITICO.
Prime Minister Sébastien Lecornu won’t be there, and it’s unclear if President
Emmanuel Macron will attend.
Lecornu will be talking about health care in the region of Eure,
where he’s from. Macron’s plans for Friday are not yet public, but the day
before he’ll address the “consequences of misinformation on climate change” as
part of a nationwide tour to speak with French citizens about technology and
misinformation.
According to two ministerial advisers, the Elysée Palace had initially planned
to organize an event, details of which were not released, but it was canceled at
the last minute. When contacted about the plans, the Elysée did not respond.
Even if Macron ends up attending the ministerial event, the muted nature of the
celebration is both a symptom of the political backlash against Europe’s green
push and a metaphor for the Paris Agreement’s increasingly imperiled legacy
— sometimes at the hands of France itself, which had been supposed to act as
guarantor of the accord.
“France wants to be the guardian of the Paris Agreement, [but] it also needs to
implement it,” said Lorelei Limousin, a climate campaigner at Greenpeace. “That
means really putting the resources in place, particularly financial resources,
to move away from fossil fuels, both in France and internationally.”
PARIS AGREEMENT’S BIRTHDAY PLANNER
Before being appointed to government, Barbut was Macron’s special climate envoy
and had been tasked with organizing the treaty’s celebration. She told
POLITICO in June that she hoped to use the annual Paris Peace Forum to celebrate
the anniversary, then bring together hundreds of the world’s leading climate
scientists in late November and welcome them at the Elysée.
Those events, which have already come and gone, were supposed to be followed by
a grand finale on Friday.
According to one of the ministerial advisers previously cited, the moratorium on
government communications spending introduced in October by the prime minister
threw a wrench in those plans.
“We’d like to do something more festive, but the problem is that we have no
money,” the adviser said.
Environmentalists say the muted plans point to a government that remains mired
in crisis and shows little interest in prioritizing climate change. Lecornu is
laser-focused on getting a budget passed before the end of the year, whereas
Macron’s packed agenda sees him hopscotching across the globe to tackle
geopolitical crises and touring France to talk about his push to regulate social
media.
Anne Bringault, program director at the Climate Action Network, accused the
government of trying to minimize the anniversary of the treaty “on the sly”
because there “is no political support” for a celebration.
Some hope the government will use the occasion to present an update of its
climate roadmap, the national low-carbon strategy, which is more than two years
overdue.
They also still hope that Lecornu will change his plans and show up to mark the
occasion. Apart from his trip to his fiefdom in the Eure, the prime minister’s
schedule shows no appointments. His office told POLITICO that Lecornu has no
plans to change his schedule for the time being.
As for Macron, it’s still unclear what he’ll be doing on Friday.
This story is adapted from an article published by POLITICO in French.
BRUSSELS — The European Union will “think twice” before considering backing weak
agreements at COP climate summits in the future, a Polish negotiator has warned.
At this year’s COP30 climate conference in Brazil, the EU struggled to find
allies to push for more ambitious climate action, and at one point threatened to
walk away without signing a deal.
The United States, its historical partner, was notably absent from the meeting.
That’s a lesson learned, according to Katarzyna Wrona, Poland’s negotiator in
the talks, who was also part of the EU’s delegation at the summit.
“This COP happened in a very difficult geopolitical situation … We felt a very
strong pressure from emerging economies but also from other parties, on
financing, on trade,” she said at POLITICO’s Sustainable Future Summit. And “we
had to really think very carefully whether we were in a position to support [the
final deal], and we did, for the sake of multilateralism,” she added.
“But I’m not sure … that the EU will be ready to take [this position] in the
future,” Wrona warned. “Because something has changed, and we will surely think
twice before we evaluate a deal that does not really bring much in terms of
following up on the commitments that were undertaken,” she said.
Also speaking on the panel, Elif Gökçe Öz, environmental counsellor at the
permanent delegation of Turkey to the EU, said it would “be important for the EU
… to forge alternative alliances in the COP negotiation process,” as global
power dynamics shift.
Wrona replied that the EU is “ready to work” with those that show ambition to
reduce their emissions. “But it has to be very clearly … that the support is not
limitless and it’s not unconditional,” she added.
BELÉM, Brazil — The State Department helped stymie U.S. officials’ ability to
attend this year’s United Nations climate talks here, Democratic Sen. Sheldon
Whitehouse alleged Friday.
The lawmaker from Rhode Island is the sole U.S. government presence at the COP30
summit, which has drawn an estimatevd 56,000 diplomats, activists,
businesspeople, journalists and others to the Amazonian port city of Belém. He’s
meeting with officials and other delegates to share a message that President
Donald Trump and his aggressive championing of fossil fuels don’t represent the
entire United States.
The U.S. government shutdown that ended this week was the main complication to
the journey, but Whitehouse said it wasn’t the only barrier. He told reporters
that the State Department refused to sponsor his efforts to receive United
Nations credentials to attend the summit — a departure from the department’s
past practice.
“There was a very deliberate pattern of behavior to try to discourage official
attendance here, including making it just logistically really challenging,” said
Whitehouse, the top Democrat on the Environment and Public Works Committee.
The State Department did not respond to a request for comment but pointed to an
earlier statement from a White House official saying that Trump “is directly
engaging with leaders around the world on energy issues.”
Last week, while other world leaders were in Belém, U.S. officials including
Interior Secretary Doug Burgum and Energy Secretary Chris Wright promoted
American natural gas at an international energy gathering in Greece.
“The Green New Scam would have killed America if President Trump had not been
elected to implement his very popular and commonsense energy agenda,” White
House spokesperson Taylor Rogers said in her previous response to questions from
POLITICO’s E&E News.
“President Trump will not jeopardize our country’s economic and national
security to pursue vague climate goals that are killing other countries.”
Without accreditation, it would have been pointless to fly to Belém, said
Whitehouse, who was finally able to obtain a badge providing access to the
summit.
“We couldn’t get these,” he said, raising the badge. “You can’t blame the
shutdown on the State Department being unwilling to get us badged in.”
This year’s COP30 talks come as Trump doubles down on fossil fuel drilling and
just months before the U.S. officially exits the 2015 Paris climate agreement
for the second time. Talks here are tied up over how to ensure countries not
only commit to stronger action to halt rising temperatures but also act on those
pledges.
While the Trump administration declined to send anyone to the climate summit and
no members of Congress have attended aside from Whitehouse, the United States’
main economic rival — China — had registered 789 delegates, according to
an independent analysis of U.N. data. That’s the second biggest delegation aside
from that of the host nation, Brazil, which registered 3,805.
Democratic California Gov. Gavin Newsom, a potential 2028 presidential
contender, also made a much-publicized swing through Belém this week.
The lack of an official U.S. delegation has brought a mixed reaction. Some
delegates have lamented the loss of U.S. experience and ability to unlock action
when talks reach a standstill. But others have expressed relief that the current
administration has stayed away.
“Because of the Trump administration, I think the view is that’s actually
better,” Whitehouse said. “I mean, as long as we’re gonna just be here and be up
to no good and running around telling lies and bullying people, great, stay
away, we’ll make better progress without you.”
Former Vice President Al Gore, who is also attending the summit, echoed that
sentiment in an interview Thursday with POLITICO.
“There are two schools of thought” about the U.S. absence, Gore said. “The first
says it’s damaging that no one from the U.S. government is here. But the other
school of thought is, since [Trump is] so psychopathically focused on destroying
any potential solutions to the climate crisis, it’s just as well that he has
stayed away and that his minions are not here either.”
Trump’s snub of the summit also snagged Whitehouse’s efforts to attend as a
member of the coequal legislative branch, the senator’s team said.
Congressional representatives typically receive official badges for attendance
at the annual climate conferences as part of a country delegation. The State
Department said it would not provide those badges because the Trump
administration was not sending an official delegation, according to Whitehouse’s
team.
Sens. John Curtis (R-Utah) and Chris Coons (D-Del.) had been slated to lead a
bipartisan delegation to COP30 but canceled at the last minute due to the
shutdown. Coons’ office said people there were under the impression that the
State Department would not sponsor congressional delegations during the
government shutdown.
In the long run, Whitehouse said, he hopes that the U.S. can return to the
global stage as a cooperative partner and undo any damage that has been done in
its absence. He said the U.S. could suffer lasting repercussions to its
reputation if it walks away from negotiations and champions fossil fuels despite
having the best science and resources to counter climate change — especially as
the harms from worsening climate-induced wildfires, heat waves, storms and
hurricanes grow.
“The quicker we can get back to being the good guys again, the better,”
Whitehouse said.
But, in the short term at least, that would involve Democrats winning more
elections, Whitehouse noted at a separate event at the TED Countdown House
outside the COP30 venue. He said Democrats had been too timid on climate issues
when in control of Congress and the White House, often settling for
“half-measures.”
“It helps if you want to win elections in order to achieve political power to
have shown that when you do have political power, you use it energetically and
smartly and are willing to be bold,” he said. “Unfortunately, on climate, that
has not been us.”
Amelia Davidson contributed to this report from Washington.
Ban Ki-moon is the eighth secretary-general of the U.N. and the co-chair of the
Ban Ki-moon Centre for Global Citizens. Ana Toni is the CEO of COP30.
As world leaders gather in Belém, Brazil for this year’s United Nations Climate
Change Conference (COP30), we are standing at a global tipping point. 2024 broke
temperature records, as the world temporarily surpassed the 1.5 degrees Celsius
target for the first time. And now, we’re on track to cross it permanently
within just five years.
This means adaptation action has never been more vital for our survival.
From the year 2000 to 2019, climate change already cost the world’s most
vulnerable countries an estimated $525 billion. This burden only continues to
rise, putting lives at risk and undoing hard-won development gains, with global
annual damages likely to land somewhere between $19 trillion and $59 trillion in
2050. Even more sobering, the world economy is already locked into a 19 percent
loss of income by 2050 due to climate change, no matter how successful today’s
mitigation efforts are.
This makes one thing clear: The consequence of inaction is far greater than the
consequence of action. The world must stop seeing adaptation as a cost to bear
but as an investment that strengthens economies and builds healthier, more
secure communities.
Every dollar invested in adaptation can generate more than 10 times that in
benefits through avoided losses, as well as induced economic, social and
environmental benefits. Every dollar invested in agricultural research and
development generates similar returns for smallholder farmers, vulnerable
communities and ecosystems too.
This remains true even if climate-related disasters don’t occur. Effective
adaptation does more than save lives — it makes the economic case for
resilience. And if we really want to tackle the crises of today’s world, we need
to put people — especially those most vulnerable — at the center of all our
conversations and efforts. Those least responsible for climate change are the
ones our financing must reach.
Here, locally led adaptation provides a path forward, focusing on giving
communities agency over their futures, addressing structural inequalities and
enhancing local capacities.
Today, more than 2 billion people depend on smallholder farms for their
livelihoods, but as little as 1.7 percent of climate finance reaches Indigenous
communities and locally operated farms. Small-scale agri-food systems, which are
essential to many in developing countries, receive a mere 0.8 percent of
international climate finance.
This is deeply unjust. These are the people and systems most threatened by
climate impacts — and they’re often the best-placed ones to deliver locally
effective and regionally adaptive solutions.
To that end, appropriate investments in global networks like the Consultative
Group on International Agricultural Research (CGIAR) could accelerate and scale
technologies that can be adopted by these local systems. These tools could then
be used to improve resilience and increase productivity in low- and
middle-income countries, while also reducing inequalities and advancing gender
equity and social inclusion.
The world economy is already locked into a 19 percent loss of income by 2050 due
to climate change. | Albert Llop/Getty Images
Scaling such efforts will be crucial in moving toward systemic climate
solutions. Our ambition is to move from negotiation to implementation to protect
lives, safeguard assets and advance equity.
But it’s important to remember that adaptation is distinct — it is inherently
local; shaped by geography, communities and governance systems. Meeting this
challenge will require more than just pledges. It will necessitate high-quality
public and private adaptation finance that is accessible to vulnerable countries
and communities.
That’s why governments around the world — especially those in high-income
countries — must design institutional arrangements and policies that raise
additional public funds, incentivize markets and embed resilience into every
investment decision.
The decade since the Paris Agreement laid the foundations for a world at peace
with the planet. And with COP30 now taking place in the heart of the Amazon, we
must make adaptation a global priority and see resilience as the investment
agenda of the 21st century.
At its core, climate finance should be driving development pathways that put
people first. In Belém, leaders must now close the adaptation finance gap and
ensure funding reaches those on the front lines. They need to back investable
national resilience strategies, replicate successful initiatives and put
resilience at the center of financial decision-making.
COP30 needs to be transformative and lead to markets that reward resilience,
communities that are better protected and economies built on firmer, more
climate-resilient foundations. Let this be the moment we finally move from
awareness to alignment, and from ambition to action.
Our collective survival depends on it. Question is, will our leaders have the
political will to seize it?
It’s been a decade since the U.S. and Europe pushed the world to embrace a
historic agreement to stop the planet’s runaway warming.
The deal among nearly 200 nations offered a potential “turning point for the
world,” then-U.S. President Barack Obama said. Eventually, almost every country
on Earth signed the 2015 Paris Agreement, a pact whose success would rest on
peer pressure, rising ambition and the economics of a clean energy revolution.
But 10 years later, the actions needed to fulfill those hopes are falling short.
The United States has quit the deal — twice. President Donald Trump
is throttling green energy projects at home and finding allies to help
him undermine climate initiatives abroad, while inking trade deals that commit
countries to buying more U.S. fossil fuels.
Europe remains on track to meet its climate commitments, but its resolve is
wavering, as price-weary voters and the rise of far-right parties raise doubts
about how quickly the bloc can deliver its pledge to turn away from fossil
fuels.
Paris has helped ingrain climate change awareness in popular culture and policy,
led countries and companies to pledge to cut their carbon pollution to zero and
helped steer a wave of investments into clean energy. Scientists say it appears
to have lessened the odds of the most catastrophic levels of warming.
On the downside, oil and gas production hasn’t yet peaked, and climate pollution
and temperatures are still rising — with the latter just tenths of a degree from
the tipping point agreed in Paris. But the costs of green energy have fallen so
much that, in most parts of the world, it’s the cheapest form of power and is
being installed at rates unthinkable 10 years ago.
World leaders and diplomats who are in Brazil starting this week for the United
Nations’ annual climate talks will face a test to stand up for Paris in the face
of Trump’s opposition while highlighting that its goal are both necessary and
beneficial.
The summit in the Amazonian port city of Belém was supposed to be the place
where rich and poor countries would celebrate their progress and commit
themselves to ever-sharper cuts in greenhouse gas pollution.
Instead, U.S. contempt for global climate efforts and a muddled message from
Europe are adding headwinds to a moment that is far more turbulent than the one
in which the Paris Agreement was adopted.
Some climate veterans are still optimists — to a point.
“I think that the basic architecture is resistant to Trump’s destruction,” said
John Podesta, chair of the board of the liberal Center for American Progress,
who coordinated climate policy under Obama and former President Joe Biden. But
that resistance could wilt if the U.S. stays outside the agreement, depriving
the climate movement of American leadership and support, he said.
“If all that’s gone, and it’s gone for a long time, I don’t know whether the
structure holds together,” Podesta added.
Other climate diplomats say the cooperative spirit of 2015 would be hard to
recreate now, which is why acting on Paris is so essential.
“If we had to renegotiate Paris today, we’d never get the agreement that we had
10 years ago,” said Rachel Kyte, the United Kingdom’s special climate
representative.
“But we can also look to these extraordinary data points, which show that the
direction of travel is very clear,” she said, referring to growth of clean
energy. “And most people who protect where their money is going to be are
interested in that direction of travel.”
THE PARIS PARADOX
One thing that hasn’t faded is the business case for clean energy. If anything,
the economic drivers behind the investments that Paris helped unleash have
surpassed even what the Paris deal’s authors anticipated.
But the political will to keep countries driving forward has stalled in some
places as the United States — the world’s largest economy, sole military
superpower and historically biggest climate polluter — attacks its very
foundation.
Trump’s attempts to undermine the agreement, summed up by the 2017 White House
slogan “Pittsburgh, not Paris,” has affected European ambitions as well, French
climate diplomat Laurence Tubiana told reporters late last month.
“I have never seen such aggressivity against national climate policy all over
because of the U.S.,” said Tubiana, a key architect of the Paris Agreement. “So
we are really confronted with an ideological battle, a cultural battle, where
climate is in that package the U.S. government wants to defeat.”
The White House said Trump is focused on developing U.S. oil and engaging with
world leaders on energy issues, rather than what it dubs the “green new scam.”
The U.S. will not send high-level representatives to COP30.
“The Green New Scam would have killed America if President Trump had not been
elected to implement his commonsense energy agenda,” said Taylor Rogers, a
spokesperson. “President Trump will not jeopardize our country’s economic and
national security to pursue vague climate goals that are killing other
countries.”
Trump is not the only challenge facing Paris, of course.
Even under Obama, the U.S. insisted that the Paris climate pollution targets had
to be nonbinding, avoiding the need for a Senate ratification vote that would
most likely fail.
But unlike previous climate pacts that the U.S. had declined to join, all
countries — including, most notably, China — would have to submit a
pollution-cutting plan. The accord left it up to the governments themselves to
carry out their own pledges and to push laggards to do better. An unusual
confluence of political winds helped drive the bargaining.
Obama, who was staking part of his legacy on getting a global climate agreement,
had spent the year leading up to Paris negotiating a separate deal with China in
which both countries committed to cutting their world-leading pollution.
France, the host of the Paris talks, was also determined to strike a worldwide
pact.
In the year that followed, more than 160 countries submitted their initial plans
to tackle climate change domestically and began working to finish the rules that
would undergird the agreement.
“The Paris Agreement isn’t a machine that churns out ambition. It basically
reflects back to us the level of ambition that we have agreed to … and suggests
what else is needed to get back on track,” said Kaveh Guilanpour, vice president
for international strategies at the Center for Climate and Energy Solutions and
a negotiator for the United Kingdom during the Paris talks. “Whether countries
do that or not, it’s essentially then a matter for them.”
Catherine McKenna, Canada’s former environment minister and a lead negotiator of
the Paris Agreement’s carbon crediting mechanism, called the deal an “incredible
feat” — but not a self-executing one.
“The problem is now it’s really up to countries as well as cities, regions,
companies and financial institutions to act,” she said. “It’s not a treaty thing
anymore — it’s now, ‘Do the work.’”
WHEN GREEN TURNS GRAY
Signs of discord are not hard to find around the globe.
China is tightening its grip on clean energy manufacturing and exports, ensuring
more countries have access to low-cost renewables, but creating tensions in
places that also want to benefit from jobs and revenue from making those goods
and fear depending too much on one country.
Canadian Prime Minister Mark Carney, a former United Nations climate envoy,
eliminated his country’s consumer carbon tax and is planning to tap more natural
gas to toughen economic defenses against the United States.
The European Union spent the past five years developing a vast web of green
regulations and sectoral measures, and the bloc estimates that it’s roughly on
track to meet those goals. But many of the EU’s 27 governments — under pressure
from the rising far right, high energy prices, the decline of traditional
industry and Russia’s war against Ukraine — are now demanding that the EU
reevaluate many of those policies.
Still, views within the bloc diverge sharply, with some pushing for small tweaks
and others for rolling back large swaths of legislation.
“Europe must remain a continent of consistency,” French President Emmanuel
Macron said after a meeting of EU leaders in October. “It must step up on
competitiveness, but it must not give up on its [climate] goals.”
Poland’s Prime Minister Donald Tusk, in contrast, said after the same meeting
that he felt vindicated about his country’s long-standing opposition to the EU’s
green agenda: “In most European capitals, people today think differently about
these exaggerated European climate ambitions.”
Worldwide, most countries have not submitted their latest carbon-cutting plans
to the United Nations. While the plans that governments have announced mostly
expand on their previous ones, they still make only modest reductions against
what is needed to limit Earth’s warming since the preindustrial era to 1.5
degrees Celsius.
Exceeding that threshold, scientists say, would lead to more lives lost and
physical and economic damage that would be ever harder to recover from with each
tenth of a degree of additional warming.
The U.N.’s latest report showing the gap between countries’ new pledges and the
Paris targets found that the world is on track for between 2.3 and 2.5 degrees
of warming, a marginal difference from plans submitted in 2020 that is largely
canceled out when the U.S. pledge is omitted. Policies in place now are pointing
toward 2.8 degrees of warming.
“We need unprecedented cuts to greenhouse gas emissions now in an
ever-compressing timeframe and amid a challenging geopolitical context,” said
Inger Andersen, executive director of the U.N. Environment Programme.
But doing so also makes sense, she added. “This where the market is showing that
these kind of investments in smart, clean and green is actually driving jobs and
opportunities. This is where the future lies.”
U.N. Secretary-General António Guterres said in a video message Tuesday that
overshooting the 1.5-degrees target of Paris was now inevitable in the coming
years imploring leaders to rapidly roll out renewables and stop expanding oil,
gas and coal to ensure that overshoot was short-lived.
“We’re in a huge mess,” said Bill Hare, a longtime climate scientist who founded
the policy institute Climate Analytics.
Greenhouse gas pollution hasn’t fallen, and action has flat lined even as
climate-related disasters have increased.
“I think what’s upcoming is a major test for the Paris Agreement,
probably the major test. Can this agreement move forward under the weight of all
of these challenges?” Hare asked. “If it can’t do that, governments are going to
be asking about the benefits of it, frankly.”
That doesn’t mean all is lost.
In 2015, the world was headed for around 4 degrees Celsius of warming, an amount
that researchers say would have been devastating for much of the planet. Today,
that projection is roughly a degree Celsius lower.
“I think a lot of us in Paris were very dubious at the time that we would ever
limit warming to 1.5,” said Elliot Diringer, a former climate official who led
the Center for Climate and Energy Solutions’ international program during the
Paris talks.
“The question is whether we are better off by virtue of the Paris Agreement,” he
said. “I think the answer is yes. Are we where we need to be? Absolutely not.”
GREEN TECHNOLOGY DEFYING EXPECTATIONS
In addition, the adoption of clean energy technology has moved even faster than
projected — sparking what one climate veteran has called a shift in global
climate politics.
“We are no longer in a world in which only climate politics has a leading role
and a substantial role, but increasingly, climate economics,” said Christiana
Figueres, executive secretary of the United Nations Framework Convention on
Climate Change in 2015. “Yes, politics is important; no longer as important as
it was 10 years ago.”
Annual solar deployment globally is 15 times greater than the International
Energy Agency predicted in 2015, according to a recent analysis from the Energy
and Climate Intelligence Unit, a U.K. nonprofit.
Renewables now account for more than 90 percent of new power capacity added
globally every year, BloombergNEF reported. China is deploying record amounts of
renewables and lowering costs for countries such as Brazil and Pakistan, which
has seen solar installations skyrocket.
Even in the United States, where Trump repealed many of Biden’s tax breaks and
other incentives, BloombergNEF predicts that power companies will continue to
deploy green sources, in large part because they’re often the fastest source of
new electricity.
Costs for wind and batteries and falling, too. Electric vehicle sales are
soaring in many countries, thanks in large part to the huge number of
inexpensive vehicles being pumped out by China’s BYD, the world’s largest
EV-maker.
Worldwide clean energy investments are now twice as much
as fossil fuels spending, according to the International Energy Agency.
“Today, you can actually talk about deploying clean energy technologies just
because of their cost competitiveness and ability to lower energy system costs,”
said Robbie Orvis, senior director of modeling and analysis at the research
institution Energy Innovation. “You don’t actually even have to say ‘climate’
for a lot of them, and that just wasn’t true 10 years ago.”
The economic trends of the past decade have been striking, said Todd Stern, the
U.S. climate envoy who negotiated the Paris Agreement.
“Paris is something that was seen all over the world, seen by other countries,
seen in boardrooms, as the first time in more than 20 years when you finally got
heads of government saying, ‘Yes, let’s do this,’” he said. “And that’s not the
only reason why there was tremendous technological development, but it sure
didn’t hurt.”
Still, limits exist to how far businesses can take the clean energy transition
on their own.
“You need government intervention of some kind, whether that’s a stick or a
carrot, to push the economy towards a low-carbon trajectory,” said Andrew
Wilson, deputy secretary general of policy at the International Chamber of
Commerce. “If governments press the brakes on climate action or seriously start
to soft pedal, then it does have a limiting effect.”
Brazil, the host of COP30, says it wants to demonstrate that multilateralism
still works and is relevant to peoples’ lives and capable of addressing the
climate impacts communities around the world are facing.
But the goal of this year’s talks might be even more straightforward, said
Guilanpour, the former negotiator.
“If we come out of COP30 demonstrating that the Paris Agreement is alive and
functioning,” he said, “I think in the current context, that is pretty
newsworthy of itself.”
Nicolas Camut in Paris, Zi-Ann Lum in Ottawa, Karl Mathiesen in London and Zia
Weise in Brussels contributed to this report.
BRUSSELS — The European Union’s environment ministers struck a deal watering
down a proposed 2040 target for cutting planet-warming emissions and set a new
2035 climate plan.
Following marathon negotiations all day Tuesday and into Wednesday morning,
ministers unanimously approved the bloc’s long-overdue climate plan, rescuing
the EU from the international embarrassment of showing up empty handed this
month’s COP30 summit.
The plan, which is a requirement under the Paris Agreement, sets a new goal to
slash EU emissions between 66.25 percent and 72.5 percent below 1990 levels
until 2035.
That plan is not legally binding but sets the direction of EU climate policy for
the coming five years. The range is similar to an informal statement that the EU
presented at a climate summit in New York in September.
Ministers also adopted a legally-binding target for cutting emissions in the EU
by 85 percent by 2040. The deal mandates that another 5 percent reduction be
achieved by outsourcing pollution cuts abroad through the purchase of
international carbon credits.
On top of that, governments would be allowed to use credits to outsource another
5 percentage points of their national emissions reduction goals.
Ministers also backed a wide-ranging review clause that allows the EU to adjust
its 2040 target in the future if climate policy proves to have negative impacts
on the EU’s economy. The deal also foresees a one-year delay to the
implementation of the EU’s new carbon market for heating and car emissions,
which is set to start in 2027.
Hungary, Slovakia and Poland did not support the 2040 deal, while Bulgaria and
Belgium abstained. The rest of the EU27 countries backed it.
Lawmakers in the European Parliament now have to agree on their own position on
the 2040 climate target and negotiate with the Council of the EU before the
target becomes law.
Listen on
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Wenige Tage vor Beginn der Weltklimakonferenz in Brasilien ringen die
EU-Umweltminister in Brüssel um das neue Klimaziel für 2040 – minus 90 Prozent
CO₂-Emissionen. Berlin will möglichst wenig Emissionen ins Ausland verlagern,
Paris pocht auf großzügige Carbon Credits und eine Revisionsklausel, die Ziele
bei steigenden Energiepreisen lockern könnte.Rixa Fürsen spricht mit Josh
Groeneveld über die schwierige Suche nach einem europäischen Kompromiss.
Außerdem: was zehn Jahre nach dem Pariser Abkommen von den großen Versprechen
geblieben ist.
Der Link zum kostenlosen Probe-Abo vom Premium Briefing POLITICO Pro Energie &
Klima am Morgen.
https://www.politico.eu/politico-pro-energie-klima-am-morgen-newsletter-trial/
Das Berlin Playbook als Podcast gibt es morgens um 5 Uhr. Gordon Repinski und
das POLITICO-Team bringen euch jeden Morgen auf den neuesten Stand in Sachen
Politik — kompakt, europäisch, hintergründig.
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Unser Berlin Playbook-Newsletter liefert jeden Morgen die wichtigsten Themen und
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Mehr von Berlin Playbook-Host und Executive Editor von POLITICO in Deutschland,
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New national plans designed to more aggressively combat climate change would
hardly dent already dangerously high global temperature projections, according
to a United Nations report published Tuesday.
The findings underscore the task at hand for nations as they prepare for COP30
climate negotiations that begin Nov. 10 in Brazil. The U.N. report showed
nations are on a path that would bake in long-term changes to the planet such as
more deadly heatwaves, runaway sea level rise and likelier extreme events like
wildfires and droughts.
Temperatures would rise between 2.3 and 2.5 degrees Celsius above pre-industrial
era levels by 2100 through policies governments included in their formal climate
strategies last week, the annual U.N. emissions gap analysis found. That
trajectory would far exceed the 2015 Paris climate agreement goals of keeping
increases “well below” 2 C and the more ambitious 1.5 C mark.
“The bottom line is that nations have had three attempts to hit the mark with
their Paris Agreement pledges, and each time they have landed off target,” the
report said. “We still need unprecedented cuts to greenhouse gas emissions, in
an ever-compressing timeframe, amid a challenging geopolitical context.”
While the pathway amounts to progress since the Paris climate agreement, when
temperatures were headed for 4 C of warming, it still is far from enough, the
report said. The U.N. reached the grim conclusion that multi-decadal temperature
increase will surpass 1.5 C for the first time within the next decade.
Doing so would cross a critical political threshold. Nations have largely
centered their strategies on avoiding that mark, citing dire predictions from a
2018 U.N. special report on climate science that warned of the enhanced
likelihood of provoking irreversible climate “tipping points.”
“The Paris Agreement does not set a target date or expiration for its
temperature goal. It is widely understood as a legal, moral and political
obligation,” the report said, noting that, “[e]very fraction of a degree of
global warming matters.”
Countries are actually falling further behind their original pledges: Nearly all
the improvements — accounting for 0.1 C of warming — from the national plans
submitted in 2020, when nations were on path for 2.6 to 2.8 C, are due to
methodological changes. The United States’ second withdrawal from the Paris
climate agreement under President Donald Trump would erase another 0.1 C of
progress, the U.N. said.
Trump will exacerbate the issue as he sidelines the world’s largest economy and
second-highest emitter. The U.N. found recent policy reversals would raise U.S.
emissions by 1 gigaton through 2030, a significant increase compared to former
President Joe Biden’s goal to cut U.S. emissions to roughly 3 gigatons that
year.
Pollution trends are going in the wrong direction globally, the report states.
Global greenhouse gases rose 2.3 percent from 2023 levels, far exceeding the 1.6
percent increase between 2022 and 2023 and four times faster than the average
annual growth rate in the 2010s. Land-use change and deforestation drove
emissions higher in 2024, combined with high fossil fuel consumption.
The U.N. said the goal is now to limit “overshoot” of 1.5 C — which acknowledges
the reality that nations are heading north of the goal — and eventually reducing
global temperatures. The report assessed a scenario with 66 percent likelihood
of keeping that overshoot within 0.3 C and bringing temperatures back under 1.5
C by 2100.
But most nations are not even close to implementing all the policies for
achieving their 2030 goals, with the world currently on pace for 2.8 C of
warming. And just 60 parties to the Paris Agreement — not even one-third of the
total — filed their nationally determined contributions, the national plans due
every five years, by the Sept. 30 deadline. That already was months after the
original February deadline.
G20 nations, which outside of African Union nations account for 77 percent of
global greenhouse gases, must lead the way, the U.N. said. So far, just seven
G20 members have finalized their latest NDCs while another three have announced
informal targets. The G20 proposals are also lacking overall, as none
strengthened their 2030 targets, the U.N. said.
“Accelerated mitigation action provides benefits and opportunities,” the report
said, adding, “The new NDCs and current geopolitical situation do not provide
promising signs that this will happen, but that is what countries and the
multilateral processes must resolve to affirm collective commitment and
confidence in achieving the temperature goal of the Paris Agreement.”