Tag paris agreement on climate change

The Paris Agreement on Climate Change is an international agreement aimed at mitigating climate change by limiting global warming to well below 2°C above pre-industrial levels and pursuing efforts to limit it to 1.5°C. The agreement was adopted by 196 parties to the United Nations Framework Convention on Climate Change (UNFCCC) at the 21st Conference of the Parties (COP21) in Paris, France, on December 12, 2015.

Key provisions of the Paris Agreement:

1. Temperature goal: Limit global warming to well below 2°C above pre-industrial levels and pursue efforts to limit it to 1.5°C.
2. Nationally determined contributions: Each country sets its own nationally determined contribution (NDC) to reduce greenhouse gas emissions, which is to be reviewed and increased every five years.
3. Global stocktake: A global stocktake will be conducted every five years to assess collective progress towards achieving the temperature goal and to inform the development of new NDCs.
4. Finance: Developed countries agreed to mobilize $100 billion per year in climate finance for developing countries by 2020 to support their efforts to reduce greenhouse gas emissions and adapt to the impacts of climate change.
5. Loss and damage: The agreement includes a mechanism to address loss and damage associated with the impacts of climate change, particularly for vulnerable countries.
6. Transparency and accountability: The agreement establishes a transparency and accountability system to ensure that countries report their progress towards achieving their NDCs and to facilitate international cooperation and support.

The Paris Agreement entered into force on November 4, 2016, and currently has 189 parties. The agreement is considered a landmark achievement in the global effort to address climate change, as it represents a collective commitment by almost all countries to reduce greenhouse gas emissions and mitigate the worst impacts of climate change.

Key milestones:

• December 12, 2015: The Paris Agreement is adopted at COP21.
• November 4, 2016: The Paris Agreement enters into force.
• 2018: The first global stocktake is conducted.
• 2020: Developed countries agree to mobilize $100 billion per year in climate finance for developing countries.
• 2025: The second global stocktake is conducted.
• 2030: The third global stocktake is conducted, and countries are expected to increase their ambition to reduce greenhouse gas emissions.

Impact:

The Paris Agreement has had a significant impact on the global response to climate change, including:

• Increased ambition: The agreement has encouraged countries to set more ambitious targets to reduce greenhouse gas emissions.
• Global cooperation: The agreement has fostered global cooperation and coordination on climate change, with many countries working together to implement their NDCs.
• Economic benefits: The agreement is expected to have significant economic benefits, including creating new jobs and stimulating innovation in the clean energy sector.
• Increased climate resilience: The agreement has helped to increase climate resilience, particularly for vulnerable countries and communities, by providing support for adaptation and loss and damage.

Overall, the Paris Agreement is a critical step towards addressing the global challenge of climate change, and its implementation is expected to have significant benefits for the environment, the economy, and human well-being.