“Some have not really read the agreement and have circulated rumors, misinterpretations that terrify people,” she said. “There is essentially a big challenge facing the climate regime that will face a major challenge in the years to come,” he said. “We felt that unfortunately there was a trend on the part of many players… to pretend that, after the Paris Agreement, everything that came before him ceased to exist. The EU`s top trade official on Wednesday defended the blockbuster agreement between the Bloc and south`s major partners and insisted that Brazil be bound by the Paris climate change agreement. It`s certainly “hard to know… “I think it will take at least two years before implementation,” she said. Malmstrom also criticized opponents of the agreement who had not read the agreement. “Those who work in agriculture today are worried about the future. That`s normal. But in fact, agriculture is not sacrificed in the agreement,” she stressed. The upcoming UN climate change conference in Madrid is a milestone in bringing the Paris Agreement to life. However, the agreement has yet to be finalised, including under Article 6. The EU and its member states are individually responsible for ratifying the Paris Agreement.
There was a strong preference for the EU and its 28 Member States to simultaneously table their ratification instruments to ensure that neither the EU nor its Member States commit to obligations that belong exclusively to the other and there was concern that there was a disagreement over each Member State`s share of the EU-wide reduction target. just as Britain`s vote to leave the EU could delay the Paris pact.  However, on 4 October 2016, the European Parliament approved the ratification of the Paris Agreement and the EU tabled its ratification instruments on 5 October 2016 with several EU Member States.  The Paris Agreement is an agreement within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) that deals with the reduction, adaptation and financing of greenhouse gas emissions from 2020. The agreement aims to address the threat of global climate change by keeping global temperatures well below 2 degrees Celsius above pre-industrial levels this century and to continue efforts to further limit the temperature increase to 1.5 degrees Celsius.  On November 4, 2019, the United States informed the custodian of its withdrawal from the agreement, which was to take effect exactly one year after that date.  In an interview with afp, Cecilia Malmstrom said that the EU-Mercosur Treaty was a “good agreement that does not sacrifice European agriculture” and welcomed one of the last agreements under his mandate, which expires on 31 October, after those with Japan and Canada. This is a framework for collaborative outreach activities between the parties to achieve their national contributions (CNN). Article 6 has the potential to enable international cooperation to accelerate the fight against climate change on a large scale and enable a cost-effective energy transition to zero net emissions. It is also unlikely that zero net emissions can be achieved without Article 6, as I discussed in a recent blog post. The University of Maryland analysis, conducted by the International Emissions Trading Association and the Carbon Pricing Leadership Coalition, models the impact of Article 6 on the overall implementation of the Paris Agreement.
The study emphasizes that the potential benefits of Article 6 cooperation in the implementation of NDCs are considerable and that all parties could benefit from it. The potential cost reductions associated with the independent implementation of countries` CNN would amount to about $250 billion per year by 2030, while this figure will reach $320 billion if Article 6 includes trade in carbon units related to land use changes. These savings could lead to new investments in the use of coal farms technologies and innovations in order to accelerate