NRDC is working to make the Global Climate Action Summit a success by inspiring more ambitious commitments for the historic 2015 agreement and strengthened initiatives to reduce pollution. Article 28 of the Agreement allows the parties to terminate the contract after having sent a notification of resignation to the depositary. The denunciation may take place for the country no earlier than three years after the entry into force of the agreement. The revocation shall take effect one year after the notification of the depositary. The agreement also provides that withdrawal from the UNFCCC, under which the Paris Agreement was adopted, would also remove the state from the Paris Agreement. The conditions for exiting the UNFCCC are the same as those of the Paris Agreement. The agreement does not contain provisions on non-compliance. The Paris Agreement  is an agreement within the UNFCCC (UNFCCC) on the reduction, adaptation and financing of greenhouse gas emissions, signed in 2016. The language of the agreement was negotiated by representatives of 196 States Parties at the 21st Conference of the Parties to the UNFCCC at Le Bourget, near Paris, France, and adopted by consensus on 12 December 2015.   Until February 2020, the 196 members of the UNFCCC signed the agreement and 189 became parties to the agreement.  Of the seven countries that are not parties to the law, the only major emitters are Iran and Turkey.
Recognizing that many developing countries and small island states that have contributed the least to climate change are most likely to suffer the consequences, the Paris Agreement contains a plan for developed countries – and others that “are able to do so” – to continue to provide financial resources to help developing countries mitigate and increase their resilience to climate change. The agreement builds on the financial commitments of the 2009 Copenhagen Accord, which aimed to scale public and private climate finance for developing countries to $100 billion a year by 2020. (To put that in perspective, global military spending amounted to about $1.7 trillion in 2017 alone, more than a third of which came from the United States.) The Copenhagen Pact also created the Green Climate Fund to mobilize transformative financial funds with targeted public dollars. The Paris Agreement expected the world to set a higher annual target by 2025 to build on the $100 billion target for 2020 and put in place mechanisms to achieve that scale. A dichotomous interpretation of the CBDR-RC led to an international agreement on the convention and its Kyoto Protocol. Industrialized countries (Annex I) committed themselves to achieving absolute emission reduction or limitation targets, while all other countries (excluding Annex I) did not have such obligations. However, this rigid distinction does not reflect the dynamic diversification among developing countries since 1992, which has resulted in divergent contributions to global emissions and patterns of economic growth (Deleuil, 2012); Dubash, 2009). . . . .