French and German energy experts have low expectations ahead of the COP21 conference in Paris later this year.
A new report states 77% of 200 German experts don’t expect a binding agreement at the climate change summit.
Out of 135 French experts, 62% agreed.
In total 80% of the experts believe national climate targets will remain unchanged even if the Paris Climate Summit fails to produce a legally-binding agreement.
Asked about the impact the conference would have in their own countries, around 75% of the French energy experts believe a climate agreement would have a positive effect on investment in France.
Approximately 50% of the German energy experts believe such an agreement would boost investments in their country.
The report was published by the Centre for European Economic Research (ZEM) and the Grenoble Ecole de Management (GEM).
Joachim Schleich, Professor of Energy Economics at GEM said: “In Germany and France citizens have very strong preferences towards climate change. As a result, national climate policy is rather independent of the outcome of international negotiations.”