The Paris Agreement is a historic international pact that was signed on December 12th, 2015, during the United Nations Framework Convention on Climate Change (UNFCCC). The agreement aims to limit global warming to below 2 degrees Celsius above pre-industrial levels, while also pursuing efforts to limit the increase to 1.5 degrees Celsius.
The Paris Agreement has been ratified by 189 countries so far, and it has been widely recognized as a critical tool in the fight against climate change. Its ratification was a significant milestone in the global effort to reduce greenhouse gas emissions and mitigate the impacts of climate change.
The agreement was named after the host city, Paris, where the negotiations for the pact took place. The Paris Agreement focuses on reducing greenhouse gas emissions, which are the primary cause of climate change. Under the pact, countries are required to set their own targets for reducing greenhouse gas emissions and to regularly report their progress towards meeting those targets.
The Paris Agreement also provides for financial assistance to developing countries to help them transition to cleaner energy sources and to adapt to the impacts of climate change. Developed countries have pledged to provide $100 billion per year in climate finance by 2020 to support developing countries, and this pledge was reaffirmed at the UN Climate Summit in September 2019.
The Paris Agreement is a legally binding treaty, and countries are required to submit their nationally determined contributions (NDCs) every five years. These contributions outline the measures that countries will take to reduce their greenhouse gas emissions and to adapt to the impacts of climate change.
The Paris Agreement is an essential tool in the global effort to reduce greenhouse gas emissions and mitigate the impacts of climate change. Its ratification has been widely celebrated as a significant milestone in the fight against climate change. The pacta has set the world on a path towards a more sustainable future, and it is up to all of us to ensure that we continue to make progress towards the goals outlined in the agreement.