Unfccc Paris Agreement Summary
- Posted on October 13, 2021
- in Uncategorized
- by admin
The Paris Agreement is the world`s first comprehensive climate agreement.  The authors of the agreement set a timeline for withdrawal, which must be followed by President Trump, which mitigates him to irreparably harm our climate. The agreement formally entered into force on 4 November 2016, a few days before COP22, and has been ratified by 169 countries (including the European Union 28), which account for 87.75% of emissions. Ultimately, all parties have recognized the need to “prevent, minimize and treat loss and damage,” but in particular any mention of indemnification or liability is excluded.  The Convention also adopts the Warsaw International Mechanism for Loss and Damage, an institution that will attempt to answer questions relating to the classification, management and sharing of responsibilities in the event of loss.  Both the EU and its Member States are individually responsible for ratifying the Paris Agreement. unfccc.int/resource/docs/convkp/conveng.pdf The 197 “negotiating parties” have committed to developing long-term development strategies for low greenhouse gas emissions. This is the first time that a universal agreement has been reached in the fight against climate change. These rules of transparency and accountability are similar to those adopted in other international agreements. While the system does not carry financial penalties, the requirements are aimed at easily tracking the progress of individual nations and promoting a sense of global group pressure, which discourages any hesitation between countries that might consider it. In addition, countries are working “to reach a global peak in greenhouse gas emissions as soon as possible.” The deal has been described as an incentive and driver for the sale of fossil fuels.   The Paris Agreement was signed on 22 April 2016 (Earth Day) at a ceremony in New York.  Following the ratification of the agreement by several European Union states in October 2016, there have been enough countries that have ratified the agreement to produce enough greenhouse gases worldwide for it to enter into force.
 The agreement entered into force on November 4, 2016.  The implementation of the Agreement by all Member States is assessed every five years, with the first evaluation taking place in 2023. The result will be used as a contribution to member States` new national contributions.  The inventory will not be one of the contributions/performance of each country, but of a collective analysis of what has been achieved and what remains to be done. . . .