The Paris Agreement, signed in 2015, has five elements that include climate finance to support developing countries and enhance transparency to ensure commitments are met. This presentation gives an overview of the said agreement and shares details on climate finance at Multilateral Development Banks.

Protecting and restoring tropical forests is a large-scale and cheap way to reduce emissions of the greenhouse gases that cause climate change. The 2015 Paris Agreement of the United Nations Framework Convention on Climate Change encourages the international transaction of credits for reducing emissions from tropical deforestation (REDD+). A large-scale buyer of REDD+ credits has yet to emerge, but several promising developments have occurred recently. Bilateral agreements, e.g., between Brazil and Norway, have shown proof of the concept of payment-for-performance for forest conservation.

Key players in climate change exist both at the international and country levels albeit varying in roles. With the adoption of the Sustainable Development Goals and Paris Agreement along with national climate change strategies and plans that are in place, communities and individuals will be the key to addressing climate change.

This presentation examines global climate pacts like the Paris Agreement and Sendai Framework for Disaster Risk Reduction 2015-2030. It looks at climate change and disaster risk reduction in the context of the sustainable development goals. Lastly, it underscores the importance of an integrated approach in the implementation of global agreements.