Angela Merkel Calls for Global Emissions-Trading System to Combat Climate Change
German Chancellor Angela Merkel is advocating for a global emissions-trading system as a means to combat climate change. She urges nations to quickly establish their climate-protection targets and fulfill financial commitments to assist developing countries. Merkel suggests expanding Europe's emissions-trading system, the largest in the world, to other regions to create a level playing field. By doing so, certificate trading could be extended to more areas, promoting global cooperation in reducing emissions.
Germany, in its efforts to transition to clean-energy sources, such as solar and wind, is actively involved in global negotiations for a comprehensive treaty to address greenhouse gas emissions. Merkel emphasizes the need for a financing instrument to support developing economies and countries severely affected by climate change. Without adequate financial support, these nations may be hesitant to endorse a climate agreement.
As part of her engagement on climate issues, Merkel will address ministers in Berlin on Tuesday during a climate meeting to prepare for the United Nations conference in Paris later this year. Scientists warn that if global temperatures continue to rise, the world could experience a rapid shift in climate, leading to more intense storms and rising sea levels. To mitigate these risks, Merkel stresses the importance of international collaboration and decisive action.
