Paris Accord goal of reducing global Greenhouse Gas Emissions by 43%: achieved by the end of 2030?
Market Rules
The Paris Accord came into force on November 4, 2016, as a global commitment to reduce climate change. Among other goals, it set targets for each country to reduce its Greenhouse Gas (GHG) emissions. Globally, the goal would be to reduce GHG emissions by 43% by the end of 2030, compared to the levels verified in 2005.
If by the end of 2030, the global Greenhouse Gas annual emissions on any given year are at least 43% lower than they were in the year 2005, this market will resolve to “Yes”.