Abstract:

Four-years negotiation of Durban Platform for Enhanced Action has accomplished in Paris Climate Conference and the Paris Agreement (the Agreement) has been adopted by the 21 Conference of the Parties with a series of decisions. The Agreement establishes a new mode of global governance on climate change with all parties participating, self-contribution plus review and including all elements (mitigation, adaptation and means of support). This mode based on the principles of the Convention, employs the differentiation of developed and developing countries and mobilizes all parties involving the addressing climate change actions by the National Determined Contributions, promote sustainable development. The Agreement also encourages others beside Parties to participate the process on addressing climate change, facilitates the market and non-market mechanisms, and mobilizes green climate finance on low carbon fields. The Agreement is an incentive, transparent, non-confrontational, non-punitive mode for institutional arrangements. The adoption of the Agreement indicates that the global climate governance is entering a new stage by passing out the strong signal of the global efforts on the green and low-carbon goal, climate-adapted and sustainable development. However, since the Agreement has balanced the interests of all parties in a comprehensive manner, there will be a lot of difficulties and barrier on the compliance details, the implementations in future. The interests of the developing countries, particularly large developing countries probably will be sacrificed if there is any impropriety on the future implementation of the Agreement.

Key words: Paris Agreement, global governance, climate change