What Countries Have Not Signed The Paris Agreement
The countries most affected by the effects of climate change will be low-lying nations, particularly vulnerable to sea level rise, and developing countries that do not have the resources to adapt to changes in temperature and precipitation. But prosperous nations like the United States are also increasingly vulnerable. In fact, millions of Americans – especially children, the elderly and the poor – are already suffering from the wrath of climate change. Indeed, research shows that the cost of climate activity far outweighs the cost of reducing carbon pollution. A recent study suggests that if the United States does not meet its climate targets in Paris, it could cost the economy up to $6 trillion in the coming decades. A lack of compliance with the NPNs currently foreseen in the agreement could reduce global GDP by more than 25% by the end of the century. Meanwhile, another study estimates that achieving – or even exceeding – the Paris targets by investing in infrastructure in clean energy and energy efficiency could have great benefits globally – about $19 trillion. The Paris Agreement, drawn up for two weeks in Paris at the 21st United Nations Conference of the Parties (COP21) on Climate Change (UNFCCC) and adopted on 12 December 2015 marked a historic turning point in the fight against global climate change, as world leaders representing 195 nations agreed on an agreement containing commitments from all countries to combat climate change and adapt to its impact. While the Paris Agreement ultimately aims to limit global temperature increase to 1.5 degrees Celsius this century, many studies evaluating the voluntary commitments of some countries in Paris show that the cumulative effect of these emission reductions will not be significant enough to keep temperatures below that ceiling. Indeed, the targets set by the target countries should limit the future increase in temperature between 2.7 and 3.7 degrees Celsius. At the same time, recent assessments of countries` developments in the framework of their climate targets in Paris indicate that some countries are already not meeting their commitments. The Paris Agreement provides a sustainable framework that guides global efforts for decades to come. The aim is to increase countries` climate ambitions over time.
To achieve this, the agreement provides for two review processes, each in a five-year cycle. President Trump is pulling us out of the Paris climate agreement. At the 2015 Paris conference, at which the agreement was negotiated, developed countries reaffirmed their commitment to mobilize $100 billion a year to finance climate by 2020 and agreed to continue mobilizing $100 billion a year by 2025.  The commitment refers to the existing plan to allocate $100 billion per year to developing countries for climate change adaptation and climate change mitigation.  In 2016, Trump pledged to „denounce” the agreement, which unfairly weighed on the United States for his election and gave a passport to poor countries. The United States, second only to China in terms of coal pollution levels, has committed to reducing emissions by 26 to 28 percent below its 2005 level by 2025. These rules of transparency and accountability are similar to those set out in other international agreements. Although the system does not include financial sanctions, the requirements are intended to easily monitor the progress of individual nations and promote a sense of overall group pressure, discouraging any towing of feet among countries that might consider it. To avoid major changes in life as we know it, global action is needed. That is why the Paris Agreement, which aims to limit global warming, rises to 1.5 degrees Celsius this century.