6 Before briefly understanding some of the lessons we can draw from theoretical analyses, I will describe other relevant features of the agreement. Although Article 6 is not one of the most famous, it can become one of the most important articles in the long run. It indicates that countries can cooperate voluntarily to increase the scope of their reduction targets. Cooperation between countries can significantly reduce costs and enable more ambitious goals, and Article 6 allows for bilateral and regional agreements. Experience has taught us that cooperation at the global level is almost impossible, but it can be possible in a small group of countries. This article, along with the indication that CPDs are checked every five years (see Article 4), gives hope that future levels of greenhouse gas reduction will be enough to keep the average temperature increase below 2°C (current INDCs imply an increase of about 3°C). Article 9 is also relevant, as it takes into account remittances from industrialized countries to assist developing countries in their efforts to mitigate and adapt to climate change. The industrialized countries have agreed to mobilize a considerable amount of money, although this commitment is not included in the framework of the agreement, but in the context of the decision that has reduced its legal force, since only the agreement will go through the ratification process. In addition, this commitment is carefully formulated in order to minimise a binding interpretation and, as far as the objectives are concerned, this overall financial objective is not divided into individual contributions. The adopted text reads as follows: “Before 2025, the Conference of the Parties […] set a new collective target of a floor of $100 billion per year.” The government is advancing the likelihood of a catastrophic increase in global temperature to justify draining energy efficiency standards. Yes, you read it right. The Paris Agreement, developed during the 21st Conference of the Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC) over two weeks in Paris and on the 12th the world`s heads of state and government, representing 195 nations, reached consensus on an agreement that includes commitments from all countries to combat climate change and adapt to its effects. Its adoption by 196 States in December 2015 was followed by three international conferences that took place this year: Sendai for Disaster Risk Reduction; addis Ababa, on financing for development; and in New York on the Sustainable Development Goals (SDGs).

At present, 197 countries – every nation on earth, the last signatory being war-torn Syria – have adopted the Paris Agreement. .