The Paris Agreement was created in 2015 aiming to bring rich and poor countries together in an effort to keep Earth’s air clean and to combat global warming.
Rich countries agreed to commit up to 3 billion in aid by 2020 to help poor countries transform their economies. The overall agreement is legally binding, but some elements, including the pledges to curb emissions by individual countries and the climate finance elements, are not.
All the countries agreed on demands from the US and the European Union for five-year reviews of their greenhouse gas emissions reductions.
However, it was soon brought to light that China, who since 2011 has been emitting the most greenhouse gases in the world, was under reporting their number of emission. This proved very unfair to the other countries especially the United States, one of the “rich” countries, giving money to this deal. Without any regulations such as no legal binding to actually curb emissions, report accurately, and control finance, the deal is weak. The Agreement, with it’s good intentions, unfortunately has loop holes that cause more spending and no guarantee of change in the environment. Trump asked for a counter offer in the deal, but that was denied. Trump then pulled the U.S. out of the deal.
|[photo source: https://en.wikipedia.org/wiki/Environmental_issues_in_China]|