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Many national governments have proposed new financial commitments in Paris. In total, developed countries have committed $19 billion to help developing countries. Vietnam has also provided $1 million to the new Green Climate Fund (GCF), a sign that developing countries are also providing support. And for the first time, sub-national governments have also proposed commitments, including one million euros from the city of Paris for the GCF and 6 million Quebec CAD for the least Developed Countries fund. After ratification, the agreement requires governments to submit their emission reduction plans. Ultimately, they must play their part in keeping global temperatures well below 2 degrees Celsius above the pre-industrial period and making „efforts“ to keep them at 1.5 degrees Celsius. The EU and its member states are individually responsible for ratifying the Paris Agreement. There was a strong preference for the EU and its 28 Member States to simultaneously table their ratification instruments to ensure that neither the EU nor its Member States commit to obligations that belong exclusively to the other[21] and there was concern that there was a disagreement over each Member State`s share of the EU-wide reduction target. just as Britain`s vote to leave the EU could delay the Paris pact. [22] However, on 4 October 2016, the European Parliament approved the ratification of the Paris Agreement[23] and the EU tabled its ratification instruments on 5 October 2016 with several EU Member States. [22] A „national communication“ is a kind of report from countries that have ratified the United Nations Framework Convention on Climate Change (UNFCCC). [85] Developed countries are required to submit national submissions every four years and developing countries should do so. [86] [87] [88] Some least developed countries have not submitted national communications in the past 5-15 years,[89] mainly due to capacity constraints.

Under U.S. law, a president may, in certain circumstances, authorize U.S. participation in an international agreement without submitting it to Congress. Whether the new agreement implements a pre-agreement, such as the UNFCCC, ratified by the Council and Senate approval, and whether it complies with existing U.S. legislation and can be implemented on that basis. Since the agreement does not contain binding emission targets or binding financial commitments beyond those of the UNFCCC and can be implemented on the basis of existing legislation, President Obama has decided to approve it through executive measures. The language of the agreement was negotiated by representatives of 197 parties at the 21st UNFCCC Conference of the Parties in Paris and agreed on 12 December 2015. [2] [3] The agreement was signed at UN Headquarters in New York from 22 April 2016 to 21 April 2017 by states and regional economic integration organisations parties to the UNFCCC (convention). [4] The agreement stated that it would only enter into force if 55 countries that produce at least 55% of global greenhouse gas emissions (according to a list drawn up in 2015)[5] ratify, accept, approve or adhere to the agreement. [6] On April 1, 2016, the United States and China, which together account for nearly 40% of global emissions, issued a joint statement confirming that the two countries would sign the Paris Climate Agreement.

[9] 175 contracting parties (174 states and the European Union) signed the agreement on the first day of its signing. [10] [11] On the same day, more than 20 countries announced plans to join the accession as soon as possible in 2016.