The Paris COP 21 agreement is a historic accord that was reached by the world`s leading nations on climate change. The agreement is part of the United Nations Framework Convention on Climate Change (UNFCCC) and was reached in December 2015 at the 21st Conference of the Parties (COP) meeting in Paris.
The primary goal of the Paris COP 21 agreement is 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 is an ambitious target that requires significant changes in the way we live, work, and consume energy.
The agreement`s key provisions include a commitment by countries to regularly submit national plans for reducing their emissions. Countries are also required to report their progress on reducing emissions, adapting to climate change, and providing support to developing countries. The agreement also calls for a pledge to mobilize $100 billion per year in climate finance by 2020.
One of the most significant developments in the Paris COP 21 agreement is that each country`s emission reduction targets are not legally binding. However, the agreement includes a „name and shame” system whereby countries that fail to meet their targets will face public scrutiny and pressure.
The Paris COP 21 agreement is an essential step towards combating climate change and ensuring a sustainable future for our planet. The agreement represents a commitment by the international community to work together to reduce emissions, adapt to the impacts of climate change, and provide support to developing countries.
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