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It seeks to reduce the risks and impacts of climate change through: keeping
global average temperature well below 20 C above pre-industrial levels; and
limiting temperature increase to 1.50 C above pre-industrial levels.
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It recognizes the essence of monitoring and evaluation and has set the first
global stocktaking of the implementation of the Paris Agreement for 2023.
Subsequent stocktaking is set to be done after every five years unless
otherwise decided by a Conference of Parties to Paris Agreement.
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It shall be open for signature at the United Nations headquarters in New York
from April 22, 2016 to April 21, 2017. A day after the close of the signature
period it will be open for accession.
The Agreement will come into force on the thirtieth day after the date when at
least 55 Parties to the UNFCCC have deposited their instruments of
ratification, acceptance, approval or accession.
Last but not least, it is non-binding and Parties to UNFCCC are not
necessarily automatically Parties to the Paris Agreement. Parties can
withdraw from the Agreement. Moreover, Parties to the Paris Agreement and
UNFCCC who choose to withdraw from UNFCCC shall be considered to have
withdrawn from the Paris Agreement.
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