One of the greatest successes of the agreement is the full recognition of the third pillar of the new climate regime, namely Loss and Damage (L-D). If mitigation does not prevent climate change and its effects are more important and irreversible, so adaptation is not an option, the consequences that many face will be classified as L-D. A separate article of the agreement fully recognizes this aspect of reality and is dealt with permanently by the Warsaw International Mechanism (WIM). This mechanism was put in place at the end of 2013 with a deadline for the first activity report at the end of 2016. Depending on how L-D would feed the Paris agreement, the future of WIM was uncertain. Today, it is fully anchored in the agreement as a permanent body to develop solutions over the next few years. Several rich countries have expressed their readiness to contribute to the expansion of risk insurance, but it is preferable for most measures to prevent D.D.A. This requires non-financial responses to non-economic losses, such as the loss of land or even disappearing nations, and for people to remain landless and stateless. There`s a market! This may seem very small to rejoice in, but it was by no means certain that all countries, and in particular the largest emitters today, would accept an agreement by the last day of negotiations.
All politicians, negotiators and other stakeholders recalled the failure of the nightmarish Copenhagen conference in 2009. But the reality had changed because more and more people around the world were aware of the threat of climate change and were ready to act. Renewable and energy-efficient solutions are now seen as viable alternatives and almost every sector of our societies, from businesses to churches to local authorities, has begun to act voluntarily without regulatory pressure. Politicians, often influenced by corporate interests, could not ignore the critical mass of people and other interest groups. In addition to these crucial factors, the French presidency of COP21 has been wise to ensure an inclusive and partisan process in which all countries feel comfortable negotiating. In these diplomatic environments, the delicacy of attention is the key to finding the best possible compromise without leaving anyone behind. The Paris Conference was the 21st meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), known as COP 21. The conference concluded a round of negotiations that began in 2011 in Durban, South Africa, with the aim of concluding a new legal agreement between national governments to strengthen the global response to climate change. 150 heads of state and government participated in the opening day of the conference. On the other hand, there is a good chance that when this agreement comes into force in 2020, we will have exceeded the level of emissions that will keep us below 1.5 degrees Celsius and that the geopolitical reality of the climate will be marked by the most powerful countries.