The Fate of US Rejoining the Paris Climate Agreement Depends on Presidential Election Results
[Asia Economy Reporter Yujin Cho] As the withdrawal procedure of the United States from the Paris Agreement, initiated by President Donald Trump, officially took effect on the 4th (local time), attention is focused on whether the U.S. will rejoin depending on the outcome of the U.S. presidential election.
According to Bloomberg News and others, the United States' withdrawal from the Paris Agreement officially took effect on the 4th (local time). The U.S. has been undergoing the withdrawal process since November 4th last year, after President Trump announced the withdrawal in June 2017. According to the agreement's provisions, the withdrawal was formalized on this day, one year after the process began.
The Paris Agreement aims to reduce greenhouse gas emissions so that the global average temperature does not rise more than 2 degrees Celsius above pre-industrial levels. It was adopted by 195 parties at the 21st Conference of the Parties (COP21) to the United Nations Framework Convention on Climate Change in 2015, and the United States is currently the only country among the signatories to have withdrawn.
Since Democratic presidential candidate Joe Biden has pledged to rejoin the Paris Agreement, the fate of rejoining is expected to be decided based on the election results.
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The U.S. presidential election held the day before is in a state of confusion, with vote counting delayed in some states and both President Trump and candidate Biden claiming victory.
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