In December 2011, the nations of the world agreed to begin negotiations on a new global agreement to address GHG emissions through the United Nations Framework Convention on Climate Change (FCCC). That process will culminate this December in Paris at the 21st Conference of the Parties (COP-21), which is designed to result in a new global agreement for reducing GHG emissions. Each nation has agreed to put forward a post-2020 climate reduction pledge in advance of COP-21 through submission of an Intended Nationally Determined Contribution (INDC) to the FCCC Secretariat. These INDCs will be included in as part of the new agreement once it is reached. On March 31, the U.S. submitted its INDC and pledged to reduce its GHG emissions 26-28 percent below 2005 levels by 2025. Other major issues that are being addressed in the negotiations include technology transfer, financing, adaptation, capacity building and parameters for the measurement, monitoring and verification (MMV) of actions by each nation to meet its INDC.
EEI and its members have been active participants in the FCCC process since its inception in 1992, including submitting comments on key issues, organizing conferences at FCCC meetings to highlight key industry accomplishments, and advocating for its members.
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