2. The Paris Agreement was supported by 175 countries on the first day of its signing, indicating that countries have reached a general political consensus on international cooperation in climate change control.
3. Flexibly and pragmatically created a new paradigm of global governance. The international climate negotiations since Copenhagen have repeatedly encountered resistance, one of the reasons is that the Kyoto mechanism only targets the "top-down" mandatory emission reduction obligations set by developed countries. On the one hand, the fairness of the distribution of emission reduction obligations is often questioned. On the other hand, due to the lack of an effective implementation mechanism of the Convention, the compulsory emission reduction obligations of developed countries cannot be truly implemented.
Paris Agreement takes a different approach, and implements the "bottom-up" emission reduction obligation by the way that each country decides its own contribution, cleverly avoiding the difficult problem of the allocation of emission reduction obligations among countries, and finally resolving the tense "positive" conflict into the goal of each country's own efforts.
4. The signing of the Paris Agreement has injected a booster into the international carbon market. As the Copenhagen climate conference ended without results, the negotiations under the convention often ended without results. Due to the delay in making legally binding institutional arrangements for the climate mechanism in the post-Kyoto era after 2020, the confidence of the international carbon market with emissions trading as the core has been frustrated. Not only is the emissions trading market inactive, but other carbon financial instruments are also holding a wait-and-see attitude.
Extended data
20151219: 26, the Paris conference on climate change adopted the Paris agreement. China's Special Representative for Climate Change, Xie Zhenhua, told reporters after the adoption of the agreement that it is a historic agreement and a milestone in the global response to climate change, and it is as important as the United Nations Framework Convention on Climate Change and the Kyoto Protocol.
Speaking at the closing plenary meeting after the adoption of the Paris Agreement, Xie Zhenhua said that China warmly congratulates the adoption of the Paris Agreement. Although the agreement is not perfect, there are still some areas that need to be improved, but this does not prevent us from taking a historic step forward.
People's Network-Significance of Paris Agreement on Climate Change and China's Contribution
The People's Network-Paris Agreement is a milestone in the process of global climate governance.