If ratified, the Mercosur-EU trade deal may reinforce the parties’ commitment to climate action. Yet, its potential relevance is weakened by a language that often stops short of concrete commitments, as well as political resistance.
Diplomacy has an important role to play in creating an economy compatible with the target of staying below 2°C warming, agreed in Paris in 2015. At the climate conference in Marrakech (COP22) from 7 to 18 November 2016, dubbed the “implementation conference”, many new initiatives strengthened the impression that low-carbon transformation had gone mainstream.
As a result of Chinese Premier Li Keqiang's ongoing visit to Brazil, China and Brazil Tuesday signed a joint statement on addressing the climate change issue together for a common vision of sustainable development.