Impact Of Paris Climate Agreement



-December 10, 2020-

Impact Of Paris Climate Agreement

Mike Burroughs

To contribute to the goals of the agreement, countries presented comprehensive national climate change plans (national fixed contributions, NDC). These are not yet sufficient to meet the agreed temperature targets, but the agreement points to the way forward for further measures. Warmer temperatures, both on land and at sea, are changing global weather and changing how and where precipitation falls. These changing patterns exacerbate dangerous and deadly droughts, heat waves, floods, forest fires and storms, including hurricanes. They also melt ice caps, glaciers and permafrost layers, which can lead to sea level rise and coastal erosion. Warmer temperatures also affect entire ecosystems, deterring migration patterns and life cycles. For example, an early spring can make trees and plants bloom before bees and other pollinators are born. While global warming may be akin to longer growing periods and increased food production in some areas, areas already facing water shortages are expected to become drier and create potential for drought, broken harvests or forest fires. "This is a huge impact and it is the first time since 2009 that we have seen a significant drop in temperature because countries have made proposals on what they are going to do," said Professor Huhne.

The Paris Agreement is the world`s first comprehensive climate agreement. [15] The Paris Agreement establishes a global framework to prevent dangerous climate change by limiting global warming to a level well below 2 degrees Celsius and by making efforts to limit it to 1.5 degrees Celsius. It also aims to strengthen countries` capacity to cope with the effects of climate change and to assist them in their efforts. While mitigation and adjustment require more climate funding, adjustment has generally received less support and has mobilized fewer private sector actions. [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 initiative to address losses and damage as a particular theme of the Paris Agreement came from the Alliance of Small Island States and Least Developed Countries, whose economies and livelihoods are most affected by the negative effects of climate change. [33] However, developed countries were concerned that looking at the issue as a separate issue that goes beyond adaptation would create additional climate funding or imply legal responsibility for catastrophic climate events.


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