The Nordic country becomes the first to significantly upgrade its ambition in light of the international climate deal adopted in Paris in 2015. It was previously targeting carbon neutrality by 2050.Coming two weeks after US president Donald Trump announced his intention to pull out of the Paris Agreement, the act underlines a growing transatlantic rift when it comes to climate change.
Assessing the positive impacts of climate action, an approach which considers the broad spectrum of social, economic and health benefits, has increasingly gained global recognition. This is due, in part, to the insightful work done by the Global Commission on the Economy and Climate. On this platform, Christian Friis Bach from UNECE noted on February 2016: “Taking into account such co-benefits can radically change the picture and demonstrate that action can pay off, not only in the long term, but also in the short to medium term.” With the Paris Agreement recently ratified by the European Union (EU), what is the potential of the benefits approach for achieving these new commitments in Europe?