5min chapter

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A Lookback at COP27: How Do Companies Engage in Global Climate Policy?

Climate Rising

CHAPTER

Pivotal to Implementation: Who's Going to Fund It?

The Paris Agreement commits all signatory countries and not just industrialized nations to set emission reduction targets. Every five years starting in 2023, you need to do a stock take of how we're doing towards the goals of the Paris Agreement. There is a connection to what's called the Paris Ambition Cycle. And so there's this ratchet and ambition cycle. We're coming into the homestretch of the first global stock take. That would be a very powerful idea to have countries share ideas about what works and what doesn't.

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