Senate ratifies Paris Agreement on cutting greenhouse gas emissions
The Senate of the Parliament has adopted the Law On Ratification of the Paris Agreement at the Plenary Session.
As the Minister of Energy Kanat Bozumbayev informed, the Paris Agreement is aimed at keeping the increase in global average temperature to well below 2C above pre-industrial levels, reducing the vulnerability to the adverse impacts of climate change at a low level of greenhouse gas emissions, and making finance flow towards low-carbon development and green economy.
Under the Agreement, each party states determined at the national level contribution it intends to achieve. Once every 5 years, the countries report on the following contributions determined at the national level. Revision will be directed towards ambitiousness and reflect various national circumstances.
For the contribution implementation purposes the parties will be provided support in the form of financial resources, technology development and transfer, as well as capacity building. Kazakhstan has stated its intended contribution in limiting or reducing the greenhouse gas emissions as an unconditional target � 15% and conditional target � 20% by 2030 compared to 1990 base level. According to the Paris Agreement, achieving the stated contribution is not legally binding.
The Paris Agreement was concluded on December 12, 2015, following the 21st Conference of the Parties to the UN Framework Convention on Climate Change.
This Agreement is of unlimited duration and has a differentiated approach to countries. On August 2, 2016, Kazakhstan decided to accede to the Agreement.
Source: Government of the Republic of Kazakhstan