Cabinet embraces the Paris Climate Agreement
The Council of Ministers of the Kingdom of the Netherlands has approved the Paris Climate Agreement. This demonstrates the cabinet’s commitment to the worldwide objective of limiting global warming to well under 2 degrees. The approval is a major step towards the Kingdom’s formal ratification of and accession to the treaty. This will take place after the House of Representatives and the Senate give their approval.
Minister Dijksma (Environment): ‘We all have one goal in mind and that is to tackle climate change and its terrible floods or extreme drought on a global basis. Today, the Dutch cabinet and the governments of Aruba, Curaçao and St. Maarten have shouldered the responsibility and committed themselves to this challenge. It is now the turn of Parliament.’
The main objective of the Paris Climate Agreement is to limit global warming to no more than 2 degrees, with the aim of restricting it to 1.5 degrees. All countries have committed themselves to, among other things, take measures to minimise their greenhouse gas emissions and make investments that contribute to realising a climate-neutral society. The Climate Agreement thus offers opportunities for innovation in which the Dutch business community can play a leading role.
China and the United States recently ratified the agreement. This means that the world’s two largest economies and biggest polluters are now for the first time obliged to reduce the pollution they generate.