The Paris Climate Change Agreement

Posted on April 13th, 2021

However, China and India are now, along with the United States, among the world`s largest annual emitters. Developed countries have argued that these countries must now do more to address climate change. It is rare that there is a consensus among almost all nations on a single subject. But with the Paris agreement, world leaders agreed that climate change was driven by human behaviour, that it was a threat to the environment and to humanity as a whole, and that global action was needed to stop it. In addition, a clear framework has been put in place for all countries to make commitments to reduce emissions and strengthen these measures over time. Here are some of the main reasons why the agreement is so important: recognizing that many developing countries and small island developing states that have contributed the least to climate change are most likely to suffer the consequences, the Paris Agreement contains a plan for developed countries – and others that are able to do so – to continue to provide financial resources to help developing countries reduce and increase their resilience to climate change. The agreement builds on the financial commitments of the 2009 Copenhagen Accord, which aimed to increase public and private climate finance to developing countries to $100 billion per year by 2020. (To put it in perspective, in 2017 alone, global military spending amounted to about $1.7 trillion, more than a third of which came from the United States. The Copenhagen Pact also created the Green Climate Fund to mobilize transformation funding with targeted public dollars. The Paris agreement expected the world to set a higher annual target by 2025 to build on the $100 billion target by 2020 and create mechanisms to achieve this. “The ue-Green agreement and the commitments of China, Japan and South Korea on CO2 emissions neutrality indicate the inevitability of our collective transition from fossil fuels,” said Laurence Tubiana, one of the architects of the Paris Agreement and now executive director of the European Climate Foundation. The Paris Agreement establishes a global framework to prevent dangerous climate change by limiting global warming to a level well below 2 degrees Celsius and by making efforts to limit it to 1.5 degrees Celsius. It also aims to strengthen countries` capacity to cope with the effects of climate change and to assist them in their efforts.

The Paris Agreement was launched at the signing on April 22, 2016 (Earth Day) at a ceremony in New York. [59] After the agreement was ratified by several EU member states in October 2016, there were enough countries that had ratified the agreement to produce enough greenhouse gases in the world for the agreement to enter into force. [60] The agreement came into force on November 4, 2016. [2] Finally, instead of giving China and India a passport to pollution, as Trump asserts, the pact is the first time these two major developing countries have agreed on concrete and ambitious climate commitments.