- CoP 21, 2015 - Paris
- Enforced ➡️ Nov’ 2016
- PA time period
- legally binding on all
Objectives
-
To limit avg inc. in temp
- well below 2°C from pre-industrial levels
-
To make necessary efforts
- to keep increasing temp ➡️ within 1.5°C - pre industrial levels
How can this be achieved?
- global peaking of C ➡️ by 2025
- reduce by 43% ➡️ by 2030
- Global carbon neutral by 2050
Mechanism to achieve
Footnote - Key Highlights of Paris Agreement
- long term temp goal
- global peaking
- carbon neutrality
- mitigation & adaptation
- CBDR
- Carbon Trading Market
- carbon sink & carbon reservoir
- loss and damages
- Global Stocktake
- financial & technical assistance