Although the United States and Turkey are not parties to the agreement, as they have not indicated their intention to withdraw from the 1992 UNFCCC, they will continue to be required, as an “Annex 1” country under the UNFCCC, to end national communications and establish an annual inventory of greenhouse gases.  The main international agreements on climate change are linked below. The full text of the treaty is linked and the UN treaty website contains details on participants and important data. In addition, countries are working to reach “the global peak in greenhouse gas emissions” as soon as possible. The agreement has been described as an incentive and engine for the sale of fossil fuels.   Although the slowdown and adjustment require more climate funding, adjustment has generally received less support and less private sector action.  A 2014 OECD report showed that in 2014, only 16% of the world`s financial resources were devoted to adaptation to climate change.  The Paris Agreement called for a balance between climate finance between adaptation and mitigation, highlighting in particular the need to strengthen support for adaptation from the parties most affected by climate change, including least developed countries and small island developing states. The agreement also reminds the parties of the importance of public subsidies, as adjustment measures receive less public sector investment.  John Kerry, as Secretary of State, announced that the United States would double its grant-based adjustment funding by 2020.  Under the Paris Agreement, each country must define, plan and report regularly on its contribution to warming mitigation.  There is no mechanism for a country to set an emission target for a specified date, but any target should go beyond the previous targets. The United States formally withdrew from the agreement the day after the 2020 presidential election, although President-elect Joe Biden said America would return to the agreement after his inauguration.
 The level of NCC set by each country will determine the objectives of that country. However, the “contributions” themselves are not binding under international law because of the lack of specificity, normative nature or language necessary to establish binding standards.  In addition, there will be no mechanism to compel a country to set a target in its NDC on a specified date and not for an application if a defined target is not achieved in an NDC.   There will be only a “Name and Shame” system  or as UN Deputy Secretary General for Climate Change, J. Pésztor, CBS News (US), a “Name and Encouragement” plan.  Since the agreement has no consequences if countries do not live up to their commitments, such a consensus is fragile. A cattle of nations withdrawing from the agreement could trigger the withdrawal of other governments and lead to the total collapse of the agreement.  View all Quotes from Google Scholar for this article.
While the enhanced transparency framework is universal and the global inventory is carried out every five years, the framework must provide “integrated flexibility” to distinguish the capabilities of developed and developing countries.