Paris Agreement on Climate Change (2015) - applicable from 2027

The Paris Agreement is a legally binding international treaty on climate change. It was adopted in Paris, France, on 12 December 2015 and entered into force on 4 November 2016. It is one of the conventions that GSP beneficiary countries must respect from 2027 onwards.

The Paris Agreement is one of the most widely ratified international agreements. Its overarching goal is to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.” The Paris Agreement is a landmark in the multilateral climate change process because, for the first time, a binding agreement brings all nations together to combat climate change and adapt to its effects. As the Paris Agreement largely supersedes the Kyoto Protocol, the new GSP Regulation from 2027 requires beneficiary countries to respect the Paris Agreement rather than the Kyoto Protocol.

Conference of the Parties (COP) / UN Climate Change Secretariat