Currently, 197 countries – every nation on earth, the last signatory is war-torn Syria – have adopted the Paris Agreement. 179 of them have consolidated their climate proposals with official approval, including, for the time being, the United States. The only major emitters that have yet to formally accede to the agreement are Russia, Turkey and Iran. The EU and its member states are among the nearly 190 parties to the Paris Agreement. The EU formally ratified the agreement on 5 October 2016, allowing it to enter into force on 4 November 2016. In order for the agreement to enter into force, at least 55 countries representing at least 55% of global emissions had to file their ratification instruments. Institutional asset owners` associations and think-tanks also observed that the stated objectives of the Paris Agreement were implicitly based on the assumption that UN member states, including major polluters such as China, the United States, India, Russia, Japan, Germany, South Korea, Iran, Saudi Arabia, Canada, Indonesia and Mexico , which produce more than half of the world`s greenhouse gas emissions, produce more than half of the world`s greenhouse gas emissions. , willfully and stubbornly reduce their carbon pollution without a binding mechanism to control CO2 emissions at all levels from one plant to another and without specific penalties or tax pressure (. B, for example, a CO2 tax), to avoid misbehaviour.  However, emissions taxes (for example. B a CO2 tax) can be integrated into the country`s NDCs. Today, 189 countries have joined the Paris Agreement.
The Paris Agreement, drawn up for two weeks in Paris at the 21st United Nations Conference of the Parties (COP21) on Climate Change (UNFCCC) and adopted on 12 December 2015 marked a historic turning point in the fight against global climate change, as world leaders representing 195 nations agreed on an agreement containing commitments from all countries to combat climate change and adapt to its impact. The president`s promise to renegotiate the international climate agreement has always been a smokescreen, the oil industry has a red phone at the Home Office, and will Trump bring food trucks to Old Faithful? 1992 President George H.W.