The Paris Agreement has, as a main goal, to keep global average
temperature increase well below 2C and, in the best case, to limit it below 1.5 C. Additionally, it seeks to increase the ability to adapt to the severe impacts of climate change and lower greenhouse gas emissions, in a way that does not threaten food production. The signing parties acquire the commitment to present advancement reports within stipulated periods of time. According to Article 4 of the Agreement, the agreement recognizes that Developing countries should take the lead in reducing greenhouse gases emissions through science implementation, achieving a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases in the second half of this century. Developing countries must concentrate their efforts in mitigation activities, while Developed countries must lead by achieving economy-wide absolute emission reduction targets. Developing countries, if possible, should also undertake this target. Every five years, each signing party must communicate nationally determined contributions, which will be recorded in a public registry maintained by the secretariat. Parties must conserve and enhance sinks and reservoirs of greenhouse gases. Additionally, parties recognize that adaptation is a global challenge faced by all, being a key component of the long-term global response to climate change, protecting people, livelihoods and ecosystems. Parties recognize that, through greater levels of mitigation activities and results, adaptation efforts are required in less quantities. Greater adaptation need require greater adaptation costs. Adaptation efforts must follow a country-driven, participatory and fully transparent approach, taking into consideration vulnerable groups and ecosystems. Adaptation efforts should implement the best technological advancements available, in addition to traditional and indigenous knowledge, with an integrated perspective. Signing parties take into consideration the Cancun Adaptation Framework. The Framework requires that countries share information, good practices and experiences, strengthen institutional arrangements, scientific knowledge on climate, and assist developing countries in identifying adaptation needs and priorities. The United Nations is committed to aid parties in achieving the goals set by the Cancun Adaptation Framework. Each party should submit and update priorities, implementation and support needs, plans and actions, without creating additional burden to developing countries. This should be recorded in a public registry. Parties recognize the importance of averting, minimizing and addressing loss and damage associated with the effects of climate change, including extreme weather events and slow onset events. Sustainable development must reduce the risk of loss and damage.
According to the Warsaw International Mechanism, Parties should cooperate
to loss and damage prevention and reduction actions. Areas of cooperation may include early warning systems, emergency preparedness, slow onset events, events that may involve irreversible and permanent loss and damage, comprehensive risk assessment and management, risk insurance facilities, climate risk pooling and other insurance solutions, non-economic losses, resilience of communities, livelihoods and ecosystems. Developed countries are committed to provide financial resources to assist both mitigation and adaptation activities. Other parties can provide such aid voluntarily, and are encouraged to do so. In order to provide financial resources, Developed countries must take into consideration country-drive strategies and the priorities and needs of developing countries (small island developing states and least developed countries are prioritized). Biennially, Developed Countries must communicate the amount and condition of their support to Developing countries. Parties recognize the importance of technological development in order to improve climate change resilience and reduce greenhouse emissions, strengthening cooperative actions on technology development and transfer. Parties can accelerate and encourage innovation through financial means or technological cooperation. Parties shall cooperate in taking measures to enhance climate change education, training, public awareness, public participation and public access of information. The Conference of the Parties shall periodically take stock of the implementation of this agreement in order to assess collective progress towards achieving the purpose of this agreement. The Paris Agreement enters into force thirty days after the date in which at least 55 Parties (accounting for at least 55% of the global greenhouse emissions) have deposited their instruments for ratification, acceptance, approval or accession. At any time, after three years from the date in which the Agreement entered into force, any signing party may withdraw through a written notification. The withdrawal takes place after one year of the submission of the written notification.