BRASILIA/SAO PAULO (Reuters) – Brazil, one of the world`s largest emitters of heating gas, on Monday ratified the Paris Agreement on Combating Global Warming, joined major polluters the United States and China and brought the agreement closer to its implementation. With Brazil`s ratification, the Paris climate agreement is moving closer to the entry requirements. It must be ratified by at least 55 parties to the UN Convention on Climate Change, which represents at least 55% of global emissions. France is the first G7 country to ratify the Paris agreement on climate change. Germany, China, India and the United States have committed to the agreement, but have not yet concluded the agreement. (15.06.2016) However, the majority of them are small countries that do not contribute much to global CO2 pollution (although the sum includes some medium-sized countries such as Norway and Peru). And then there is the United States and China, which have just joined the agreement and account for 38%. The country joins major emitters the United States and China, which will join the agreement this month. The agreement received a major boost earlier this month when the United States and China – by far the world`s largest emitters – officially joined on September 3. A meeting between brazil`s current Foreign Minister Ernesto Araéjo on 13 September and US Secretary of State Mike Pompeo was of particular concern to environmentalists. At the meeting, the Governments of Bolsonaro and Trump pledged to promote the sustainable development of the private sector in the Amazon and pledged to create a $100 million biodiversity conservation fund. Although no details have been proposed on an agreement, conservationists expressed concern about the use of the term “development” in the context of the world`s largest rainforest. In ratifying it, Brazil reaffirmed its commitment to reduce its CO2 emissions by 37% by 2025 and 43% by 2030 compared to 2005.
The bill is still under discussion in the Brazilian Congress. But with the ratification of the Paris Agreement, Brazil has taken a step forward and committed to reducing its greenhouse gas emissions by 37% by 2025, with a possible reduction of 43% by 2030 compared to 2005. The country presented its commitment for the first time in September last year.