Implementation of the Paris Agreement has been underway in recent years and one of the main milestones is the adoption of the Paris Agreement (Katowice Rulebook) regulatory framework at the Katowice Climate Summit (COP 24). This document allows, among other things, to enter into force the different information and commitments and compare them as for the same ones; monitoring compliance with the agreement, the overall diagnostic methodology to be developed; The adaptation and technology transfer issues that will be strengthened; Negotiations for climate finance, which are expected to be launched by 2025. CFR`s World101 Library explains everything you need to know about climate change. The Intergovernmental Panel on Climate Change (IPCC), a UN body established in 1988, regularly assesses the latest climate science and establishes consensus reports for countries. We have an agreement and we now have a chance to achieve our goal. We cannot say that without an agreement. The Paris Agreement will allow us to reach the target of 2 degrees Celsius or less. We did not expect to leave Paris with commitments to achieve this goal, but with a process that will lead us to it. And that is what the agreement provides. This provision requires the “link” between different CO2 emission trading systems – since measured emission reductions must avoid “double counts,” the transferred mitigation results should be considered as a gain on emission units for one part and as a reduction in emission units for the other party.  Due to the heterogeneity of NDCs and national emissions trading systems, ITMOs will provide a format for global connections under the aegis of the UNFCCC.
 This provision also puts pressure on countries to implement emission management systems – if a country wants to use more cost-effective cooperative approaches to achieve its NPNs, they need to monitor carbon units for their economies.  Another key difference between the Paris Agreement and the Kyoto Protocol is their scope. While the Kyoto Protocol distinguishes between Schedule 1 countries and those not annexed to Schedule 1, this branch is scrambled in the Paris Agreement, as all parties must submit emission reduction plans.  While the Paris Agreement continues to emphasize the principle of “common but differentiated responsibility and respective capabilities” – the recognition that different nations have different capacities and duties to combat climate change – it does not offer a specific separation between developed and developing countries.  It therefore appears that negotiators will have to continue to address this issue in future rounds of negotiations, although the debate on differentiation could take on a new dynamic.  “The eu-green agreement and the carbon neutrality commitments of China, Japan and South Korea demonstrate the inevitability of our collective transition from fossil fuels,” said Laurence Tubiana, one of the architects of the Paris Agreement and now Director General of the European Climate Foundation. The agreement is ambitious and offers all the instruments we need to combat climate change, reduce emissions and adapt to the effects of climate change. “The decision to leave the Paris agreement was wrong when it was announced, and it`s still wrong today,” said Helen Mountford of the World Resources Institute. Implementation of the Paris Agreement is essential to achieving the Sustainable Development Goals and contains a roadmap to combat climate change, reduce emissions and build resilience to climate change. The White House is doing everything in its power to remove any mention of global warming from government documents.