Renewable Energy Goals in light of the Paris Agreement

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Renewable Energy Goals

The Paris Agreement is an agreement as part of the UN Framework Convention on Climate Change. In 2016, the most remarkable thing happened. In the world of capitalism, 192 countries unanimously came together and signed a binding agreement to reduce their carbon footprint on the planet. The agreement encapsulates with goals such as greenhouse gas emissions reduction, adaptation, and finance. Ironically, a few years back, it was a completely different story. Businesses worked for profit gains even if it was at the cost of depreciating our planet. The Paris Agreement marks courage and hope. There was a shift in thinking and its impact on many areas significantly on technology. In particular, renewable energy technologies began to decrease in cost; and increase in capacity; give energy to the entire city. Countries began to understand that it is in their national interest to align their goals with the agreement. They began to see economic advantages such as less cost, cleaner air, better health, better transportation, giving us a better world. The world began to embrace the change and have a shift in the economic equation.

Unfortunately, Pakistan is the 5th largest country susceptible to Climate Change. The Prime Minister of Pakistan has made climate change his number one priority. On Saturday, 12th of December 2020, he announced that Pakistan aims to create 60% of its local energy demand by using renewable resources by 2030 to alleviate the risk of climate change. To mark the 5th anniversary of the signing of the landmark Paris Agreement, Imran Khan announced that they have decided not to have coal-based power plants. He also added that 30% of all country’s vehicles would use electricity. In pursuit of this, the government has already scrapped two coal-based plants generating 2,600 megawatts of energy. He also shared details about the
plan to plant 10 billion trees in the next three years. Additionally, the government has increased the number of national parks and common outdoor areas from 30 to 45. This is the decade of Action and the world is finally set in the right direction.

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