The European Parliament has approved the ratification of the Paris Agreement by the European Union on October 4.
With today’s European Parliament approval of the Paris Agreement ratification – in the presence of European Commission President Jean-Claude Juncker, the United Nation's Secretary General Ban Ki-moon and the President of COP 21 Ségolène Royal – the last hurdle is cleared. The political process for the European Union to ratify the Agreement is concluded.
President Jean-Claude Juncker in his State of the Union Speech on 14 Septemebr called for a swift ratification of the agreement. He said: "Slow delivery on promises made is a phenomenon that more and more risks undermining the Union’s credibility. Take the Paris agreement. We Europeans are the world leaders on climate action. It was Europe that brokered the first-ever legally binding, global climate deal. It was Europe that built the coalition of ambition that made agreement in Paris possible. I call on all Member States and on this Parliament to do your part in the next weeks, not months. We should be faster." Today this is happening.
So far, 62 parties, accounting for almost 52 % of global emissions have ratified the Paris Agreement. The Agreement will enter into force 30 days after at least 55 parties, representing at least 55% of global emissions have ratified. The EU ratification and deposit will cross the 55% emission threshold and therefore trigger the entry into force of the Paris Agreement.
The EU, which played a decisive role in building the coalition of ambition making the adoption of the Paris Agreement possible last December, is a global leader on climate action. The European Commission has already brought forward the legislative proposals to deliver on the EU's commitment to reduce emissions in the European Union by at least 40% by 2030. Next, with today's approval by the European Parliament, the Council can formally adopt the Decision. In parallel the EU Member States will ratify the Paris Agreement individually, in accordance with their national parliamentary processes.
Source: http://europa.eu