The Paris Agreement Key Points

Since Mr Trump`s announcement, US envoys have continued to participate – as planned – in UN climate negotiations in order to shore up the details of the deal. Meanwhile, thousands of leaders across the country have stepped in to fill the void created by the lack of federal climate leadership, reflecting the will of the overwhelming majority of Americans who support the Paris Agreement. Among city and state officials, business leaders, universities, and individuals, there has been a wave of participation in initiatives such as America`s Pledge, the U.S. Climate Alliance, We Are Still In, and the American Cities Climate Challenge. Complementary and sometimes intersecting movements aim to deepen and accelerate efforts to combat climate change at local, regional and national levels. Each of these efforts focuses on achieving the goals of the Paris Agreement, despite Trump`s attempts to steer the country in the opposite direction. The Kyoto Protocol, a pioneering environmental agreement adopted at COP3 in Japan in 1997, is the first time that nations have agreed on legal country-specific emission reduction targets. The protocol, which only entered into force in 2005, set binding emission reduction targets only for industrialized countries, arguing that they were responsible for most of the world`s high greenhouse gas emissions. The United States initially signed the agreement, but never ratified it; President George W. Bush argued that the deal would hurt the U.S. economy because developing countries like China and India would not be involved.

[50] The Paris Agreement called for a balance between climate finance between adaptation and mitigation, and in particular highlighted the need to increase support for adaptation to parties most vulnerable to the effects of climate change, including least developed countries and small island developing states. The agreement also reminds the parties of the importance of public subsidies, as adaptation measures receive less investment from the public sector. [46] John Kerry, as Secretary of State, announced that the United States would double grant-based adjustment funding by 2020. [33] The Paris Agreement is the world`s first comprehensive climate agreement. [15] The Paris Agreement[3] is an agreement under the United Nations Framework Convention on Climate Change (UNFCCC) that addresses the reduction, adaptation and financing of greenhouse gas emissions and was signed in 2016. The language of the agreement was negotiated by representatives of 196 States Parties at the 21st Conference of the Parties to the UNFCCC at Le Bourget, near Paris, France, and adopted by consensus on 12 December 2015. [4] [5] Until February 2020, the 196 members of the UNFCCC signed the agreement and 189 became parties to the agreement. [1] Of the seven countries that are not parties to the law, the only major emitters are Iran and Turkey. .