Pariser Climate Agreement

Discover our efforts under the Paris Agreement to work together to mitigate climate change and build a low-carbon future.

What is the Paris Agreement?

The central goal of the Paris Agreement is to limit global warming to below 2°C, with the aim of limiting global warming to 1.5°C compared to pre-industrial levels. The urgency results from the serious consequences of exceeding the 1.5°C limit and underlines the urgency of immediate and substantial climate protection measures.

Mechanism for implementation

The Paris Agreement operates in a five-year cycle in which countries present ambitious climate protection plans, so-called NDCs (Nationally Determined Contributions), from 2020. COP27 urges countries to review and tighten their NDCs by the end of 2023 in order to limit global warming to 1.5°C.

Progress and Support

Finance

Financial resources are provided by developed countries to developing countries to support climate protection measures.

Technology

Modern low-carbon technologies are being shared between developed and developing countries.

Capacity building

Developing countries receive training, education and technical support for climate action.

Conference of the
‍Parties (COP)

The COP is the annual meeting where countries discuss implementing the Paris Agreement, a key international treaty to combat climate change and set goals to reduce greenhouse gas emissions.

The latest COP28 (2023) comes up with the following main findings:

Moving away from fossil fuels
Tripling of global renewable energy capacity
Doubling the average annual rate to improve energy efficiency worldwide by 2030

Improved Transparency framework (ETF): Tracking progress of country measures from 2024

The information collected by the ETF will be incorporated into the global inventory, which assesses collective progress towards achieving long-term climate goals.

This will lead to recommendations for countries to set more ambitious plans in the next round.