Climate change is one of the most important issues of the future at a global level. At the international climate conference (COP21) in Paris in December 2015, 197 states adopted the new Paris Climate Agreement. After the ratification by 75 parties representing 59% of the global emissions on the 5th of October 2016 the agreement entered into force on the 4th of November 2016.
But which climate change mitigation instruments can be used to efficiently and effectively reach the targets set in the Paris Agreement in Switzerland and internationally?
By amending its CO2 legislation, Switzerland took another key step towards reducing greenhouse gases in Switzerland. The law relies on established climate change mitigation instruments, setting new targets for both industry and domestic households.
We have been providing support in the planning and implementation of climate change mitigation instruments in Switzerland for many years. We have experience with the following climate change mitigation instruments:
- Swiss emissions trading scheme
- Target agreements to reimburse the carbon tax
- Compensation projects in Switzerland for emissions of fuel importers
- Building program
- Emission standards for passenger cars
At an international level, we support the development and implementation of emission-reduction projects under the clean development mechanism (CDM) and are familiar with climate mitigation instruments used around the world.