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Parties to the U.N. Framework Convention on Climate
Change (UNFCCC) reached a landmark agreement on
December 12 in Paris, charting a fundamentally new course in the two-decade-old global climate effort. Culminating a four-year negotiating round, the new treaty ends the strict differentiation between developed and developing countries that characterized earlier efforts, replacing it with a common framework that com- mits all countries to put forward their best efforts and to strengthen them in the years ahead. This includes, for the ?rst time, requirements that all parties report regu- larly on their emissions and implementation efforts, and undergo international review.The agreement and a companion decision by parties
were the key outcomes of the conference, known as the 21st session of the UNFCCC Conference of the Parties, or COP 21. Together, the Paris Agreement and the accom- panying COP decision:
Reaf?rm the goal of limiting global temperature
increase well below 2 degrees Celsius, while urg- ing efforts to limit the increase to 1.5 degrees;Establish binding commitments by all parties
to make "nationally determined contributions" (NDCs), and to pursue domestic measures aimed at achieving them;Commit all countries to report regularly on their
emissions and "progress made in implementing and achieving" their NDCs, and to undergo inter- national review;Commit all countries to submit new NDCs every
?ve years, with the clear expectation that they will "represent a progression" beyond previous ones; Reaf?rm the binding obligations of developed countries under the UNFCCC to support the efforts of developing countries, while for the ?rst time encouraging voluntary contributions by developing countries too;Extend the current goal of mobilizing $100 bil-
lion a year in support by 2020 through 2025, with a new, higher goal to be set for the period after 2025;Extend a mechanism to address "loss and dam-
age" resulting from climate change, which ex- plicitly will not "involve or provide a basis for any liability or compensation;"Require parties engaging in international emis-
sions trading to avoid "double counting;" andCall for a new mechanism, similar to the Clean
Development Mechanism under the Kyoto Proto-
col, enabling emission reductions in one country to be counted toward another country's NDC.The strong momentum toward an agreement that
built over the preceding months was dramatically under- scored on the opening day of the summit by the presence of 150 presidents and prime ministers, the largest ever single-day gathering of heads of state. Impetus came also from a vast array of "non-state actors," including governors, mayors and CEOs, and the launch in Paris of major initiatives like the Breakthrough Energy Coalition announced by Bill Gates and other billionaires.Negotiations on many issues were hard-fought and,
in typical COP fashion, progress through most of the conference was painstakingly slow. But thanks to deft diplomacy by the French presidency, the summit was re- markably free of the kind of procedural showdowns that have marred previous COPs. And though the conferenceran 24 hours past the of?cial deadline, as the ?nal deal was gaveled through, one party after another declared
that history had been made.