Paris agreement

The Paris agreement entered into force on 4 November 2016. The agreement deals with greenhouse gases mitigation,adaption and finance. The Paris Agreement to combat climate change officially entered into force after 55 parties to the convention accounting for at least 55% of total GHG (greenhouse gas) emissions ratified it. At present, 94 parties have ratified the convention,India was 62nd country to ratify it.

About Paris Agreement:

It is an agreement within the United Nations Framework Convention on Climate Change(UNFCCC). It was opened for signature on 22 April 2016 in a ceremony in New York city. As on November 2016, 193 UNFCCC members has signed the treaty,97 of which had ratified it.

Objectives(Agreement on Climate Change):

It is an international climate deal to combat climate change. It facilitates enforcement of global GHGs reduction measures in the post-2020 i.e. in post Kyoto Protocol scenario. Under it, all countries must pursue to keep global temperature rising below 2°C by 2100 above pre-industrial levels with an ideal target of keeping temperature rise below 1.5°C. It forces developed countries to provide 100 billion dollars annually to the developing counterparts beginning in 2020 to deal with climate change. It empowers countries to determine how to cut their emissions but mandates that they report transparently on those efforts.