The Paris Climate Agreement, also known as the Paris Agreement, is an international treaty signed in 2015 by 196 countries to address the urgent need to mitigate the impact of climate change. The treaty aims to limit global warming to well below two degrees Celsius above pre-industrial levels while striving for a limit of 1.5 degrees Celsius.

The Paris Agreement is the successor to the Kyoto Protocol, which was adopted in 1997 and aimed to reduce greenhouse gas emissions. The key difference between the two agreements is that the Paris Agreement is more inclusive and comprehensive, with all countries pledging to reduce their greenhouse gas emissions, whereas the Kyoto Protocol only applied to developed countries.

One of the critical components of the Paris Agreement is the Nationally Determined Contributions (NDCs). Each country sets its specific targets for reducing greenhouse gas emissions, which are then reviewed every five years to ensure progress is being made towards the overall goals of the treaty.

Another important aspect of the Paris Agreement is the provision of financial support to developing countries to help them adapt to the effects of climate change and reduce their own greenhouse gas emissions. Developed countries have pledged to provide $100 billion annually by 2020, which will be reviewed and increased as necessary.

The Paris Agreement also recognizes the importance of collaborative efforts by non-state actors, such as businesses, industry, and civil society, to mobilize support for the goals of the treaty. The agreement encourages the development of partnerships and initiatives to promote sustainable development and reduce greenhouse gas emissions.

The Paris Agreement officially entered into force on November 4, 2016, and as of September 2021, 191 countries have ratified the treaty. The US formally withdrew from the agreement in November 2020 but rejoined under President Biden`s administration in February 2021.

In conclusion, the Paris Climate Agreement is a critical global effort to combat climate change and its impact. The treaty is inclusive, comprehensive, and recognizes the importance of collaborative efforts in achieving its goals. With continued commitment and action from all countries, businesses, and individuals, we can work towards a more sustainable future for generations to come.