The Cabinet approved the bill to ratify the Paris Agreement whose goal is to reduce greenhouse gas emissions. The document was signed by Prime Minister Pavel Filip in New York on September 21, 2016, IPN reports.
The states that signed the Paris Agreement ensure the implementations of the measures needed to develop abilities to adjust to climate change. The document encourages the states to stabilize the level of greenhouse gas emissions, including by forest conservation measures.
In this regard, Moldova committed itself to reduce all the greenhouse gas emissions by at least 67%, compared with the level reached in 1990, until 2030.
If the Agreement is ratified, Moldova will be able to access international funds designed to support measures to reduce global warming and diminish its effects.
Adopted on December 12, 2015, the Paris Agreement is an accord within the United Nations Framework Convention on Climate Change dealing with the mitigation, adaptation and finance of greenhouse gas emissions. It encourages the implementation of the principle of common responsibility within national circumstances.
