What is the significance of the Paris Agreement internationally?

Prepare for the GARP Sustainability and Climate Risk Exam. Study with flashcards and multiple choice questions, each question includes hints and explanations. Gear up for success with our materials!

The significance of the Paris Agreement internationally lies in its establishment of targets for reducing greenhouse gas emissions. Adopted in 2015, the primary purpose of the agreement is to combat climate change by limiting global warming to well below 2 degrees Celsius above pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius. This is achieved by requiring countries to submit nationally determined contributions (NDCs) that outline their climate action plans and emission reduction targets.

By setting these targets, the Paris Agreement creates a unified global framework for countries to work together in addressing climate change, promoting accountability and encouraging progressive enhancements in their climate commitments. It represents a significant step toward collaborative international efforts to mitigate climate impacts, ultimately aiming for sustainable environmental practices worldwide.

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