2016 was an eventful year for Climate Change
Ratification of the Paris agreement proceeded at blistering pace with the agreement coming into force on the 4 November
New Zealand ratifies on the 5th October 2016
UN Press Release
196 countries at the 22nd UNFCCC Conference of the Parties reaffirmed the support for implementing the Paris Agreement with the Marrakech Action Proclamation For Our Climate and Sustainable Development
"Our climate is warming at an alarming and unprecedented rate and we have an urgent duty to respond."
"We welcome the Paris Agreement, adopted under the Convention, its rapid entry into force, with its ambitious goals, its inclusive nature and its reflection of equity and common but differentiated responsibilities and respective capabilities, in the light of different national circumstances, and we affirm our commitment to its full implementation"
Agreement to mitigate international aviation emissions using market based mechanisms
At the the International Civil Aviation Organisation 39th assembly, the members agreed to the adoption of global market based measure that will control CO2 emssions from international aviation using the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) mechanism.
Introduction to CORSIA
The Montreal Protocol agrees an amendment to phase-down the use of a group of powerful greenhouse gases - hydrofluorocarbons (HFCs), saving 1/2 degree of global warming by 2100
UNEP Press release
UNEP, with Bloomberg New Energy Finance reports in March 2016, that in 2015:
- 134 GW of renewable energy, saving the release of 1.5 gigatonnes of CO2 into the atmosphere
- The investment in renewable energy, $US 265b, is double the allocation to new coal and gas generation
- New clean technologies still only supply 10% of electricty supply
- Developing countries invested more for the first time, with China investing $US103 billion.
- Energy emssions, though are not to peak until the late 2020's
- Renewable energy costs continue to fall
Global Trends in Renewable Energy Investment 2016. Frankfurt School of Finance & Management gGmbH 2016.
2016 is the hottest year on record, up from the previous hottest year in 2015