Robust tree in a green landscape
28 April 2016

The implementation of the Paris Agreement and the Conference on Climate Change

The Minister of the Environment, Energy and Marine Affairs has outlined the national road map for the implementation of the Paris Agreement.
Content published under the Government Valls III from 2016 11th February to 2016 06th December

1. The Paris Agreement

The ceremony held on 22 April 2016 marked the launch of the one-year period for the signing of the agreement. The signing of the agreement prohibits States from taking actions that go against the objectives set by the treaty. The agreement could come into force as of 2017 if it is ratified by 55 countries representing at least 55% of global greenhouse gas emissions.
France has made the following commitments with regard to the agreement:
  • The ratification bill will be presented to the Council of Ministers on 4 May and discussed at the National Assembly on 17 May. France will call upon its European counterparts to see that the Agreement is quickly ratified by the European Union.
  • The Energy Transition for Green Growth Act and the decree dated 24 April 2016 regarding renewable energy development objectives commit France to reducing its greenhouse gas emissions by 40% between 1990 and 2030 and to reducing them four-fold between 1990 and 2050. This reform encourages green growth, innovation and the creation of jobs, with a potential of 100,000 jobs created in three years.

2. The implementation of the COP21 Action Agenda

The Lima-Paris Action Agenda comprises over 10,000 towns, regions, businesses, investors and associations across 180 countries. The 70 coalitions founded in Paris, 15 of which were founded on France's initiative, offer a new framework for uniting States, businesses, unions and associations regarding the main issues associated with change.
Since COP21, France has focused on consolidating these various initiatives, including notably the progress made by the International Solar Alliance, the launch of the initiative against the erosion of the West African coastline, the implementation of the road map for the global coalition for sustainable construction and the adoption of an initial list of projects for the 'Renewable Energy in Africa' initiative.

3. France will be the first country to issue State green bonds and will set a carbon price floor for electricity

France is committed to introducing a carbon price floor that will notably help favour the use of gas over coal. The terms of its implementation will be outlined this year.
France will also develop the 'green bond' market. The State will require public banks to issue green bonds devoted to environmental investment projects and may, in the very long term, provide its own financial instrument devoted to the transition.
The first panel of the Carbon Pricing Leadership Coalition met in Washington on 15 April. Following Quebec and California, Ontario has notably announced its decision to launch a carbon market.

4. The Environmental Conferences

The Environmental Conferences enable France to implement the ecological transition with all of the concerned parties. The first three resulted in the adoption of 396 measures, 82% of which have been practically implemented.
The April 2016 conference dealt with the issues of implementing the 'Action Agenda' for green growth, citizen involvement, the State and territories within the ecological transition, and preserving environments with a view to improving the health and living environments of all individuals.
The definitive road map will be presented to the National Council for Ecological Transition in June.

The Signing of the Paris Climate Agreement

The official signing ceremony of the Paris Climate Agreement took place in New York on 22 April. France called upon the whole worl... [Read more]
25 April 2016