04 Oct 2016
EUROPEAN COMMISSION DAILY NEWS – 04 OCTOBERBrussels Daily
Paris Agreement to enter into force as EU agrees ratification
The European Parliament has approved the ratification of the Paris Agreement by the European Union today. 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 said: “Today the European Union turned climate ambition into climate action. The Paris Agreement is the first of its kind and it would not have been possible were it not for the European Union. Today we continued to show leadership and prove that, together, the European Union can deliver.” 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. Read full press release online.
Commission publishes new proposals for the Trade in Services Agreement (TiSA) in ongoing transparency drive
The European Commission is publishing two new proposals tabled during the 20th round of talks for a Trade in Services Agreement (TiSA), which recently took place in Geneva. In line with the Commission’s ongoing commitment to enhanced transparency in all trade negotiations, the documents are made available on the Commission’s transparency in action page. The proposals cover institutional arrangements andsettlement of state-to-state disputes. The first of the two papers aims to allow countries that do not count among the current 23 participants of the talks to join the agreement at a later stage. It also aims to make it possible to bring the agreement into the framework of the World Trade Organisation at a future stage. The EU proposal on the settlement of State-to-State Disputes aims at establishing effective and efficient rules for resolving potential disputes on the interpretation and application of TiSA. The text is largely based on the existing WTO model. Together with these documents, the Commission is also publishing the report of the 20th round, available here. TiSA partners are working towards conclusion of the talks possibly by the end of the year.
NEWS IN FULL