The Paris Agreement is a landmark international treaty that aims to limit global warming to well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius. This agreement was signed by 196 countries in 2015 and officially entered into force in 2016.
The Paris Agreement is a legally binding agreement that sets out the terms of cooperation on climate change among the signatories. The agreement includes a set of key terms that outline the goals and commitments of participating countries.
One of the key terms of the Paris Agreement is the Nationally Determined Contributions (NDCs). These are pledges made by each country to reduce their greenhouse gas emissions and to adapt to the impacts of climate change. Each country is required to submit their NDCs every five years, which will be reviewed and assessed by the international community.
Another important term of the Paris Agreement is the global stocktake. This is a process that will take place every five years to assess the collective progress made by countries in achieving the goals of the agreement. This will include a review of the effectiveness of the NDCs and the overall level of ambition in reducing greenhouse gas emissions.
The Paris Agreement also includes a commitment to provide financial support to developing countries to help them adapt to the impacts of climate change and to transition to low-carbon economies. This includes the provision of climate finance, which is financial aid provided by developed countries to help developing countries reduce their greenhouse gas emissions and adapt to climate change.
In addition to these key terms, the Paris Agreement also includes provisions on transparency and reporting, technology transfer, capacity building, and loss and damage.
Transparency and reporting refer to the requirement for countries to report their emissions and progress towards their NDCs in a transparent and consistent manner. Technology transfer aims to facilitate the transfer of clean technologies to developing countries, while capacity building aims to help these countries build the skills and knowledge needed to implement the Paris Agreement effectively. Loss and damage refers to the recognition of the need to address the loss and damage caused by climate change, particularly in vulnerable developing countries.
Overall, the terms of the Paris Agreement represent a comprehensive framework for action on climate change. The agreement provides a clear roadmap for countries to work together to address the urgent challenge of global warming, and to build a more sustainable future for all.