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Since the Kyoto Protocol came into force, the Clean Development Mechanism has been criticized because, in most cases, it has not brought significant emission reductions or benefits for sustainable development. [45] It has also suffered from low prices from Certified Emission Reductions (REFs), which has reduced project demand. These criticisms have motivated the recommendations of various interest groups who, through working groups and reports, have provided new elements that they hope to see in the MDS that will support their success. [38] Details of the governance structure, the terms of the project proposal and the comprehensive approach should be detailed at the conference of the parties to be held in Marrakech in 2016. [must update] Finally, instead of giving China and India a passport to pollution, as Trump asserts, the pact is the first time these two major developing countries have agreed on concrete and ambitious climate commitments. The two countries, which are already poised to be world leaders in renewable energy, have made considerable progress in achieving their Paris goals. And since Trump announced his intention to withdraw the United States from the agreement, the Chinese and Indian leaders have reaffirmed their commitment and continued to implement domestic policies to achieve their goals. “Two thousand and forty is ambitious, but maybe it`s feasible,” he said. “It would not be two thousand and thirty, because some of the strategies that will be part of it – such as carbon capture, use and storage – will no longer be operational by 2030. The key lies in a wide range of strategies to decarbonize electricity and other sectors.┬áCountries must, among other things, report on their greenhouse gas inventories and their progress against their targets, so that external experts can assess their success.

Countries should also review their commitments by 2020 and present new targets every five years to further reduce emissions. They must participate in a “comprehensive state of affairs” to measure collective efforts in order to achieve the long-term goals of the Paris Agreement. In the meantime, developed countries must also assess the financial assistance they will provide to developing countries to help them reduce their emissions and adapt to the effects of climate change.

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