Insight

Paris Agreement on Climate Change: Overview and Update

An overview of the Paris Climate Agreement.

Paris Agreement Climate Change
BP

Beatriz Paulo de Frontin and Márcio Pereira

September 5, 2017 02:40 PM

The Paris Agreement was adopted during the 21st Conference of the Parties (COP-21) of the United Nations Framework Convention on Climate Change (UNFCCC) on December 12, 2015. The new agreement on climate change is remarkable in that it attained a global consensus toward a low carbon economy, with direct impacts on energy, transport, and the whole environment.

For the first time all countries that are signatories to the UNFCCC (and no longer just the developed countries) are bound to establish directives to adapt to the effects of climate change, foster climate resilience, and support the reduction of greenhouse gases.

One notable achievement under the Paris Agreement is the parties’ determination to hold the increase in the average global temperature to under 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius.

The Paris Agreement has three spheres of action: mitigation, adaptation, and loss and damage. Mitigation is the key of the Paris Agreement and is structured in the Nationally Determined Contributions (NDCs), which are voluntary targets for reduction of GHG emissions set by each country and submitted to the UNFCCC. In accordance with the principle of common but differentiated responsibilities and the capabilities of each, states will be able to choose their level of ambition. The NDCs must be updated every five years and take into consideration the obligation of non-regression—i.e., a state cannot establish less ambitious targets for reducing emissions of pollutants than it had assumed in its previous NDCs. The big milestone here when compared to the Kyoto Protocol is that all signatory countries of the Paris Agreement—developed and developing countries—must submit their NDCs.

Consequently, any country adhering to the Paris Agreement is qualified to host and use Certified Emission Reductions (CERs). This is a significant difference from the clean development mechanism provided for in the Kyoto Protocol, which could only be operated in countries not listed in Annex I (developing countries), but whose output (CERs) could be used by the countries listed in Annex I of the Protocol (developed countries).

The Paris Agreement came into force on November 4, 2016, one month after the date on which at least 55 parties at the convention, accounting in total for at least an estimated 55 percent of the total global greenhouse gas emissions, had deposited their instruments of ratification, acceptance, approval, or accession with the depositary. The global commitments to reduce greenhouse gas emissions will become binding, however, only from 2020 onward.

The Paris Agreement has now been ratified by 157 countries, and 151 of them have already deposited their NDCs. The ratification of the terms of agreement in each country’s national law implies the development of public policies aimed at the development of business opportunity and economic growth in clean energy technologies.

As many of the Paris Agreement provisions are of a pragmatic or indicative nature, future conferences of the parties will have to adopt rules on a number of instruments, such as the economic fund and market mechanisms, to foster other mitigation and adaptation actions.

Related Articles

U.S. Withdrawal from the Paris Agreement


by Violaine du Pontavice

What will be the future for the world’s climate issue?

U.S. Withdrawal Paris Agreement

2020 Vision


by Sean Devlin

What Does Corporate Environmental Concern Look Like in 2020?

Best Lawyers Ones to Watch Canada Legal Insights

Going Global


by Joseph K. Reinhart, Esq. and Meredith Odato Graham, Esq.

Expanding the scope of environmental review for the energy sector.

Environmental Review

Unveiling the 2025 Best Lawyers Editions in Brazil, Mexico, Portugal and South Africa


by Jennifer Verta

Best Lawyers celebrates the finest in law, reaffirming its commitment to the global legal community.

Flags of Brazil, Mexico, Portugal and South Africa, representing Best Lawyers countries

Critical Period


by Armelle Royer and Maryne Gouhier

How the green-energy raw materials chase is rewriting geopolitics

Overhead shot of mineral extraction plant

Building a Greener Future on Unsolid Ground


by William S. Thomas

As climate change only intensifies, natural disasters are becoming more frequent and shifting how construction legal professionals conduct litigation.

Multi-level house in the process of being built

Best Lawyers Expands 2024 Brazilian Awards


by Best Lawyers

Best Lawyers is honored to announce the 14th edition of The Best Lawyers in Brazil™ and the first edition of Best Lawyers: Ones to Watch in Brazil™.

Image of Brazil city and water from sky

9 Ways Lawyers Are Addressing Climate Change Through Environmental Law


by Best Lawyers

To combat climate change and protect depleting resources, Best Lawyers assesses how lawyers play a pivotal role in addressing ongoing environmental problems.

Animated sky polluted with smoke

ESG Changing Texas’ Legal Landscape


by Gregory Sirico

Best Lawyers breaks down the growing industry trend of ESG standards and how its altering the field of law in the state of Texas.

Texas’ Ever Changing Legal Landscape

The Best Lawyers in Brazil™ 2022


by Best Lawyers

The results include an elite field of top lawyers and firms.

The Best Lawyers in Brazil™ 2022

A Climate Duty


by Lara Douvartzidis and Samantha Daly

Converging trends in Australia and the Netherlands: reasonable foreseeability in climate change law and other novel developments.

Climate Change Law in Australia

Summer Voting Season Is Here!


by Best Lawyers

Summer 2021 voting is open to all lawyers listed in Best Lawyers in Chile, Colombia, Peru, Brazil, Mexico, Portugal, South Africa and Spain.

How To Vote On Your Best Lawyers Ballot

Announcing the 2021 Best Lawyers in Brazil


by Best Lawyers

Featuring the top firms and lawyers in Brazil.

2021 Best Lawyers in Brazil

Great Rebuild


by Best Lawyers

Néstor Méndez discusses labor peace, junk-bond repercussions, and the laudable resilience of those who call this storm-battered island home.

An Interview With Pietrantoni Méndez & Alvare

Turning Down the Heat


by Janice Zhou

What sort of legal and legislative action is necessary to help put Pennsylvania on the front lines of the battle against climate change?

Depleting Natural Resources in Pennsylvania

Easy Being Green


by Best Lawyers

Markus Deutsch discusses the impact of climate change on the firm and its clients.

An Interview With Dolde Mayen & Partner

Trending Articles

2025 Best Lawyers Awards Announced: Honoring Outstanding Legal Professionals Across the U.S.


by Jennifer Verta

Introducing the 31st edition of The Best Lawyers in America and the fifth edition of Best Lawyers: Ones to Watch in America.

Digital map of the United States illuminated by numerous bright lights

Unveiling the 2025 Best Lawyers Awards Canada: Celebrating Legal Excellence


by Jennifer Verta

Presenting the 19th edition of The Best Lawyers in Canada and the 4th edition of Best Lawyers: Ones to Watch in Canada.

Digital map of Canadathis on illuminated by numerous bright lights

Legal Distinction on Display: 15th Edition of The Best Lawyers in France™


by Best Lawyers

The industry’s best lawyers and firms working in France are revealed in the newly released, comprehensive the 15th Edition of The Best Lawyers in France™.

French flag in front of country's outline

Presenting the 2025 Best Lawyers Editions in Chile, Colombia, Peru and Puerto Rico


by Jennifer Verta

Celebrating top legal professionals in South America and the Caribbean.

Flags of Puerto Rico, Chile, Colombia, and Peru, representing countries featured in the Best Lawyers

Unveiling the 2025 Best Lawyers Editions in Brazil, Mexico, Portugal and South Africa


by Jennifer Verta

Best Lawyers celebrates the finest in law, reaffirming its commitment to the global legal community.

Flags of Brazil, Mexico, Portugal and South Africa, representing Best Lawyers countries

Announcing the 13th Edition of Best Lawyers Rankings in the United Kingdom


by Best Lawyers

Best Lawyers is proud to announce the newest edition of legal rankings in the United Kingdom, marking the 13th consecutive edition of awards in the country.

British flag in front of country's outline

Prop 36 California 2024: California’s Path to Stricter Sentencing and Criminal Justice Reform


by Jennifer Verta

Explore how Prop 36 could shape California's sentencing laws and justice reform.

Illustrated Hands Breaking Chains Against a Bright Red Background

Announcing the 16th Edition of the Best Lawyers in Germany Rankings


by Best Lawyers

Best Lawyers announces the 16th edition of The Best Lawyers in Germany™, featuring a unique set of rankings that highlights Germany's top legal talent.

German flag in front of country's outline

Celebrating Excellence in Law: 11th Edition of Best Lawyers in Italy™


by Best Lawyers

Best Lawyers announces the 11th edition of The Best Lawyers in Italy™, which features an elite list of awards showcasing Italy's current legal talent.

Italian flag in front of country's outline

Tampa Appeals Court ‘Sends Clear Message,” Ensuring School Tax Referendum Stays on Ballot


by Gregory Sirico

Hillsborough County's tax referendum is back on the 2024 ballot, promising $177 million for schools and empowering residents to decide the future of education.

Graduation cap in air surrounded by pencils and money

Find the Best Lawyers for Your Needs


by Jennifer Verta

Discover how Best Lawyers simplifies the attorney search process.

A focused woman with dark hair wearing a green top and beige blazer, working on a tablet in a dimly

Key Developments and Trends in U.S. Commercial Litigation


by Justin Smulison

Whether it's multibillion-dollar water cleanliness verdicts or college athletes vying for the right to compensation, the state of litigation remains strong.

Basketball sits in front of stacks of money

Woman on a Mission


by Rebecca Blackwell

Baker Botts partner and intellectual property chair Christa Brown-Sanford discusses how she juggles work, personal life, being a mentor and leadership duties.

Woman in green dress crossing her arms and posing for headshot

Best Lawyers Celebrates Women in the Law: Ninth Edition


by Alliccia Odeyemi

Released in both print and digital form, Best Lawyers Ninth Edition of Women in the Law features stories of inspiring leadership and timely legal issues.

Lawyer in green dress stands with hands on table and cityscape in background

The Human Cost


by Justin Smulison

2 new EU laws aim to reshape global business by enforcing ethical supply chains, focusing on human rights and sustainability

Worker wearing hat stands in field carrying equipemtn

Beyond the Billables


by Michele M. Jochner

In a recently conducted, comprehensive study, data reveals a plethora of hidden realities that parents working full-time in the legal industry face every day.

Women in business attire pushing stroller takes a phone call