Unpacking the Paris Agreement
12:00 - 13:30
The Policy Seminar will focus on the recent UNFCCC Conference of Parties, COP21, concluded in Paris on December 12 with the adoption of the Paris Agreement. The new global climate deal is expected to enter into force in 2020 after the second commitment period of the Kyoto Protocol expires. It has been hailed as a turning point in climate negotiations, after the failed attempt at Copenhagen climate conference in 2009 and four years of groundwork started in 2011 with the Durban Platform for Enhanced Action, whose mandate was to involve all countries, both developed and developing, in adopting “a protocol, another legal instrument or an agreed outcome with legal force” applicable to all the States Parties to the UNFCCC. During the seminar we will examine the main features of the new global climate agreement, paying particular attention on mitigation, adaptation and L&D, climate finance, carbon pricing and trading schemes, compliance and review mechanisms.