The Paris Agreement was adopted by 195 international parties on the 12th of December, 2015 to go into effect in late 2016. The treaty was created after it was discovered that a temperature increase of 1.5 degrees Celsius over the temperature before the industrial age would result in more severe and frequent droughts, heat waves, and rainfall. Every 5 years, the plan reviews the actions that each country takes to reduce climate change, with each cycle expecting more substantial measures than the last.
Plan
At each review cycle, countries submit a summary of what they are doing to reduce climate change. This summary is referred to as the country's NDC. The NDC focuses primarily on efforts to reduce greenhouse gas emmissions and efforts to adapt to the effects of climate change. Each successive NDC is expected to be more ambitious than the last which encourages countries to continuously improve their mitigation and response to climate change.
Cooperation
The Paris Agreement encourages developed countries to financially assist less developed countries in developing a response to climate change. Third parties are also encouraged to provide their support. The Paris Agreement effectively recognizes that climate change is a global issue, and it will require cooperation on a global scale the reduce and hopefully reverse it.
Progress
Since the enactment of the Paris Agreement, more entities have set a target to achieve carbon neutrality. The agreement has also resulted in the establishment of the Loss and Damage Fund that has created a method for financially supporting less developed countries as they deal with the consequences of climate change. However, much more work must be done to fully meet the goal the agreement set out to reach. The Paris Agreement was a step in the right direction, but much more focus must be placed on reducing emissions if we hope to prevent the worst case scenarios involving climate change.