It’s “Official” Now: The United States of America Is Withdrawing From the Historic Paris Accord on Climate Change With Notice to the UN




It’s “Official” Now: The United States of America Is Withdrawing From the Historic Paris Accord on Climate Change With Notice to the UN

The big news of this week:  The USA is now “officially” withdrawing from the Paris Accord on Climate Change.  The one-year countdown to “USA out” is now underway.

In 2015 as the representatives of almost all of the nations of the world gathered in Paris, France for “COP 21” (or “the UN Climate Change Forum, the 21st yearly meeting of the Conference of Parties), an important agreement was reached:  the 196 nations would work together to attempt to limit global warming to below 2-degrees Celsius (3.5-degrees Fahrenheit) – or at least to not above 1.5C (2.7F).

The goals are temperatures above pre-Industrial Age levels; scientists say we have already warmed 1-degreeC (or 1.8F).  The Washington Post in reporting the administration’s now-official action on the Accord says that 1/10th of the globe is already at more than 2-degrees Celsius when you compare the last five years with pre-industrial levels.

That means all of the nations of the world have to work independently and collectively to limit carbon emissions to zero level between years 2030 and 2050. This would be done in part through “Intended Nationally Determined Contributions” (INDCs) enacted in each signatory country. Comparing the year 2030 (intended results) with year emissions levels of a quarter-century ago would mean cutting emissions by at least 40 percent – a Herculean effort for many nations, and especially for the big “emitters” of the industrial world – the USA, China, India and European states. 

The United States of America had representatives at the COP 21 meetings – including members of the corporate community; according to a letter to the White House from US Senators who attended, today, 900 businesses continue to support the Paris Agreement, including 20 of the Fortune 500s. 

President Barack Obama committed the USA to the Paris Agreement / or Accord by executive order and in November 2016 (with other almost 200 other nations) the climate agreement was confirmed by the state representatives in Paris.

In June 2017, six months into the succeeding administration, President Trump announced plans to withdraw from the Accord because “…it disadvantages the United States to the exclusive benefit of other countries.”  (More recently he described the agreement as a “total disaster” for the U.S.)

And so by various means and executive order, successor President Donald Trump “officially” began the withdrawal of the USA this week with notice to the United Nations. The ending of US participation in the global agreement will be in November 2020 – one day after Election Day next year.  Climate change issues including the status of the USA in the Paris Accord are today political issues in the context of elections at all levels of government including the presidency of the U.S.

Of course, numerous critics sounded alarm and anger at the president’s action (a campaign promise in 2016 and addressed by President Trump since taking office).  Susan Biniaz, lecturer at Yale University, for example, told The Washington Post: “While the world will not be surprised, it’s a sad reminder of where the world’s former leader on climate change now stands…the decision of two years ago [two withdraw] is now even more grotesque…”

Andrew Steer, leader of the World Resources Institute, said the move “…fails people in the United States who will lose out on clean energy jobs as other nations grab the competitive and technological advances that the low-carbon future offers.”

A successor in the White House could begin the process of rejoining the Paris Accord -- depending on the election outcome next November.  And the pledge to do so could be “immediate” while the formal rejoining is now a more complex process.  Stay tuned to this important conversation!
Our Top Stories this week bring you several important perspectives on this issue.

 

Top Stories

Trump Makes It Official:  U.S. Will Withdraw from the Paris Climate Accord
Source: The Washington Post

Withdrawing from Paris Agreement will hurt U.S. economy and communities around the world
Source: Ceres

What U.S. Exit Means for Paris Climate Change Accord: QuickTake
Source: Bloomberg

On the U.S. Withdrawal from the Paris Agreement
Source:  U.S. Department of State Press Statement

Leaving the Paris Agreement Is a Bad Deal for the United States
Source: Foreign Policy

 

Sustainability Standards Setters & Policy Makers

Sustainable Investing? Here's What Millennials Need to Know in The U.S.
Source: Forbes 

Major Chocolate Makers Ranked on Labor and Sustainability Efforts
Source: Environment + Energy Leader 

New Sustainability Report Card, Grades Funds on Gender Equality, Climate, Deforestation, and Weapons
Source: Financial Buzz 

Pausing Implementation of California’s 100% Clean Energy Goal Would be a Mistake
Source: Ceres


ESG / Sustainable & Responsible Investment

As Investors Try to Be More Ethical, Some Find No Escape from Businesses They Detest
Source: NPR 

85% of investors are interested in impact investing—here’s how to make your portfolio more sustainable
Source: CNBC 

Global Sustainability News: Forward Momentum!

A smart contribution towards a sustainable energy supply  
Source: Smart Energy International 

The healthiest food may also be the most sustainable
Source: ZME Science 

Sustainable Paper’s Best Kept Secret: Biogas
Source: Clean Technica 

Water Purification Is Becoming A Crucial Part of The Sustainability Conversation
Source: The Rising 

People, profit, planet: cool chain sustainability
Source: Air Cargo News 

 

G&A Institute Sustainability Update
Informative, insightful, thought provoking
Governance & Accountability Institute's blog focusing on the sustainable world evolving daily before our eyes. Read it, absorb it, question it and challenge.

Where Are U.S. Companies on Climate Change Risk Disclosure? New Survey Results from DFIN Are Available…

Capitalism – Needing Reinventing? Is Corporate Sustainability / Responsibility / Citizenship’s Focus on ESG Part of the Mix of Reinvention?

Feeding the 9 Billion in Year 2050 Is A Great Challenge for Society

 

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Corporate Sustainability / ESG

Why the automotive industry needs sustainable packaging
Source: Packaging Digest 

The view from 20: General Motors’ global sustainability energy manager reflects on changes at the automaker
Source: GreenBiz 

H&M’s CEO is worried that eco-conscious consumers could be bad for fast fashion
Source: Fast Company 

Dozens of fashion giants sign pact to eliminate emissions and single-use plastics
Source: Edie 

The Quest for Sustainable Luxury
Source: Hospitality.net

30 Companies, Investors Commit to Secure a Healthy Ocean
Source: Sustainable Brands 

Givaudan takes another step towards sustainable fragrance formulation
Source: Cosmetics Design 

DuPont Announces 2030 Sustainability Goals
Source: PR Newswire 

Publix takes the lead on seafood sustainability
Source: Retail Leader 


Sustainability Matters!

Sustainable’ Clothing Product Descriptions Have Soared 125% Since 2017, Edited Says
Source: Sourcing Journal 

Getting Sustainability Right
Source: Tech Newsworld 

The Importance of Real Sustainability in Business
Source: eMagazine 

The Sustainability Software Advantage for Businesses
Source: South Florida Reporter 

Sustainability Data

Why sustainably-minded brands use augmented reality
Source: Packaging Digest

 

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