The Paris Agreement came into force in November 2016. This is the first global agreement that commits all countries to more ambitious targets for reducing greenhouse gas emissions. Norway was one of the first countries to ratify the agreement. The Paris Agreement gives reason to hope that countries around the world can work together to prevent dangerous climate change. Despite the general agreement on the objectives of nePC, negotiations on the Fair Transition Fund will face new challenges. Latvia has no carbon-intensive manufacturing industry and is almost free of coal. But peat is the source of conflict. It is produced for horticulture and export and is used in very small quantities for energy. The ministries of economy and environment are unable to agree on the implementation of the Fund for the Modernization of Energy Systems of the Member States of Central and Eastern Europe with funds generated by emissions trading schemes (ETS). The government prefers to continue the national emissions trading program without increasing the current allocation of the modernization fund. Nevertheless, opinions differ on priority projects and beneficiaries: either the modernization of small heating facilities or the reduction of non-CEP emissions in transport and agriculture.
Since October 2019, the report on Latvia`s position has already been removed from the agenda twice. 2015 was a landmark year for global climate policy, when 195 countries adopted the Paris Agreement last December, the first truly global climate change agreement, in which all countries defined their national contributions to limit climate change. Latvia is meeting the goals of the Paris Agreement and we continue to work to reduce our greenhouse gas emissions. We are already taking significant steps to achieve these goals and aim for a climate-neutral future that will limit the effects of climate change. In addition to two projects pre-defined in the programme agreement, the funds for this programme will be funded by an open call for proposals on the theme “Reducing the risk of pollution caused by polluted areas”. Quality of life, economic competitiveness, employment and security depend on our common natural capital in the ecosystem. Climate change increases the risk of negative effects on the environment and public health in Latvia and the rest of Europe. In July 2019, the Latvian government approved Latvia`s 2030 climate change adaptation plan, which sets out concrete adaptation measures in the near future.