Event discusses strategies to implement Paris Agreement targets
The Paris Agreement was approved by 194 countries that participated in the United Nations Framework Convention on Climate Change (UNFCCC) in 2015.
FGV Energy participated in the ‘1st International Summer School in Economic Modelling of Environment Energy and Climate - Modelling approaches to assess NDCs and mid-century strategies.’ The event, held by the Centre International de Recherche sur l’Environnement et le Développement (CIRED), was held on July 4-8, in Paris.
The goal of the summer school was to promote scientific exchange between the participants regarding the deployment strategies of the Nationally Determined Contributions (NDCs), as well as scenario projection methodologies based on energetic models (bottom up and top down approach), Computable General Equilibrium (CGE) models, and Integrated Assessment Models (IAMs).
In addition to the lectures, there were interactive sessions with open space for participants to discuss their research topics and potential NDC monitoring strategies in a national and global context. At the end of the course, CIRED still undertook to organize and regularly update an international community on Economic Modeling of Environment, Energy, and Climate, to which the summer school participants will contribute.
The Paris Agreement was approved by 194 countries that participated in the United Nations Framework Convention on Climate Change (UNFCCC) in 2015. Under the goal of reducing greenhouse gas (GHG) emissions in the context of sustainable development, the agreement was created to strengthen countries’ response to global warming and their ability to adapt to the impacts arising from climate change. The signatory countries submitted their intended NDCs to reduce greenhouse gas emissions, under the primary directive of keeping the global average temperature increase to up to 2°C above pre-industrial levels by the end of the 21st century, employing all efforts to limit this increase to only 1.5°C.
In June 2017, the agreement had been ratified by 148 countries of the UNFCCC, which jointly account for 66% of global GHG emissions. As one of the countries that signed the Paris Agreement, Brazil’s NDC is to reduce emissions by 37% by 2025, and by 43% by 2030, based on 2005 figures. The Brazilian Ministry of Environment is currently looking to plan a national strategy to implement and finance measures pertaining to the Brazilian NDC.
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