Saturday, December 12, 2015

The Paris Agreement of COP 21

The Paris Agreement of the COP21 has the following salient features:
1. Urging all parties to ratify and implement the Doha Amendment to the Kyoto Protocol.
Present ratification status of the Doha Amendment can be seen here: Link

The Doha Amendment to Kyoto Protocol: At a glance (This is roughly 20% emission reductions over the 1990 levels.)

2. Setup a fund by 2020 that provides 100 billion USD annually for mitigation and adoption.

3. Notes that 55 Gigatonnes of emissions reductions are necessary by 2030 to keep the temperature rise less than 2 degrees celsius in the worst case. The intended nationally determined contributions aggregated over all countries should fall in this range.

Link to the full document:

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