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Reading it more closely, the nations are required to reconvene every 5 years to report on progress and discuss the next round of tightening. So it's a partial v
by SapphireSun 11y ago
Reading it more closely, the nations are required to reconvene every 5 years to report on progress and discuss the next round of tightening. So it's a partial victory with a ratchet mechanism. The mechanism isn't guaranteed to work, but as the consequences of global warming become more impacting, urgency will increase.
- semi-extrinsic 11y agoNote that the ratchet won't start clicking until 2030. There is a real risk of countries postponing increases in emission cuts until then. Hopefully they won't. Another interesting point is wrt. financial aid to developing nations. IIUC, developing nations will not be compensated for damage due to climate change, but they will receive funding for efforts to cut their emissions while continuing to develop.