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At the COP-21 in Paris, 195 countries negotiated a decision and an agreement on international climate change policy-making. To a significant extent, the decision and agreement overlap and address many of the same issues, with the decision often going into more detail in an attempt to begin implementing the agreement. The Paris Agreement covers mitigation, adaptation, as well as ‘loss and damage,’ a process aimed at addressing harms caused by climate change, and establishes processes for financing and technology transfer. With respect to mitigation, it sets an ambitious objective of limiting the global average temperature increase to well below 2 °C or even 1.5 °C. In pursuit of this objective, it establishes a procedural framework for future climate policy-making by the parties.
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