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16 April 2021

Why Was Adopted The Paris Agreement At Cop21 In Paris In 2015

The Paris Agreement, marked by the historic agreement once adopted, owes its success not only to the return of a framework favourable to climate change and sustainable development, but also to efforts to review the management of international climate negotiations. The Paris Agreement is supported by new initiatives that will all be adapted to the difficulties identified at the previous COP. This innovative approach is based on four elements: the adoption of a universal agreement. Define each state`s national contributions to reducing greenhouse gas emissions. Although the text of the agreement does not mention the content of these contributions, it obliges signatory states to establish a contribution plan, implement it and raise amounts every five years. Civil society`s participation in the negotiation process through the action programme adopted in November 2016, which brings together civil society initiatives from 180 countries. In 2015, members of civil society were appointed at a high level to facilitate civil society participation in the intergovernmental process. The financial commitment of developed countries to contribute up to $100 billion a year from 2020. This funding should give priority to the states most affected by the effects of climate change Although mitigation and adaptation require more climate funding, adaptation has generally received less support and less private sector action. [46] A 2014 OECD report showed that in 2014, only 16% of the world`s financial resources were devoted to adaptation to climate change. [50] The Paris Agreement called for a balance between climate finance between adaptation and mitigation, highlighting in particular the need to strengthen support for adaptation from the parties most affected by climate change, including least developed countries and small island developing states. The agreement also reminds the parties of the importance of public subsidies, as adjustment measures receive less public sector investment.

[46] John Kerry, as Secretary of State, announced that the United States would double its grant-based adjustment funding by 2020. [33] The contributions each country should make to the global goal are defined by that country and designated as national contributions (CNN). [6] Article 3 states that they are “ambitious,” “a progression over time” and defined “in order to achieve the objective of this agreement.”

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