Paris Agreement Saudi Arabia

Saudi Arabia`s (INDC) climate plans, presented to the United Nations earlier this month, say the world`s largest oil exporter will weaken its climate commitment between 2016 and 2020 if the consequences of the Paris agreement cause an “abnormal burden” on its economy. “The NDC of Saudi Arabia (Paris Agreement) is an embarrassment,” Depledge said. “It`s shocking for such a high emitter and such a prosperous country. So far, the Trump regime`s antipathy to strong measures against climate change has covered them.┬áThe G20 president did talk about climate and sustainability ahead of the summit, as demand for crude oil and prices fell dramatically in the wake of the pandemic – Saudi oil revenues fell by 45% in the second quarter of 2020. In response to low oil prices, the Saudi government has delayed its plan to diversify the country`s 54GW 54GW and 17GW nuclear energy mix – that is what will happen by 2040, eight years after the original date of 2032. Saudi oil giant Saudi Aramco has emitted far more CO2 in the past half century than any other major fossil fuel company on earth. Emissions have slowed due to the coronavirus pandemic, but Saudi Arabia`s extremely low CO2 reduction targets and stabilization of reflective resistance have made it a pariah in global efforts to decarbonize and combat global warming. We expect Saudi Arabia`s greenhouse gas emissions in 2020 to be 3 to 6% lower than in 2019 due to the effects of the COVID-19 pandemic. In May 2020, Saudi Arabia`s crude oil exports fell to six million barrels per day, down from 10 million barrels in April. Domestic demand for petroleum products also declined, reaching a low point in April (-15% compared to 2019). Tourism to the holy site of Makkah has also been limited; Only a few thousand inhabitants were allowed during the Hajj pilgrimage at the end of July, when usually up to two million pilgrims gather.

But the actions did not live up to the rhetoric. The world`s largest oil exporter has reportedly censored the debate on the abolition of fossil fuel subsidies that the G20 intends to implement by 2025. Even if Saudi Arabia were to quadruple its efforts to reduce emissions, according to the climate Action Tracker`s recent analysis, it would do even less than its fair share to keep global warming below 2 degrees Celsius. “Saudi Arabia is expected to grow from the tenth highest emitter of greenhouse gases in 2012 to sixth place in 2030 and could become a net importer of oil by 2038. This is hardly a commitment to combating climate change,” said Professor Niklas Huhne of the NewClimate Institute. Based on this range of BAU prog. By 2030, we are projecting Saudi Arabia`s NDC emissions level at about 860-1100 MtCO2e. This represents a reduction of 11% to 13% from construction estimates, but an increase of about 35 to 72% from 2015 levels or 416 to 562% above 1990 levels. On 3 November 2016, Saudi Arabia ratified the Paris Agreement and its planned national contribution (INDC) was approved. The NDC aims to reduce up to 130 MtCO2e (132 MtCO2e in AR4 GWP) per year by 2030 by contributing to economic diversification and reducing greenhouse gas emissions (Kingdom of Saudi Arabia, 2015). Would you stop eating meat if you knew the true cost to the environment? “The Saudi government recognizes its great vulnerability to climate change, but this is not reflected in its climate plans,” said Professor Kornelis Blok of Ecofys.