Research Of Financial Mechanism Of Paris Agreement

Global climate governance has gone through nearly 30 years.The international community has gradually established a legally binding institutional system and issued two milestone documents are the United Nation Framework Convention on Climate Change(UNFCCC)and Kyoto Protocol.On December 20 th,2015,the global climate governance officially ushered in the Paris Agreement.The Paris Agreement will become a global action guide to address climate change after 2020,and will also bring new challenges and opportunities to China's participation in global climate governance.Climate funds have always been the core issue of developing countries in international climate cooperation to solve climate change mitigation and adapt to climate change.To this end,the international community has adopted the international environmental legal system based on the United Nations Framework Convention on Climate Change(UNFCCC)and the Paris Agreement as a guideline for promoting global climate governance.China provides the climate fund obligation to make up for the lack of capacity of developing countries in dealing with climate change.The results of these international legal systems have established a relationship between capital grants and funding obligations between developed and developing countries,but the funding mechanism has also been subject to various problems.At the Paris Climate Conference,the funding issue has become the core of the Paris Agreement negotiations.However,due to the disagreements between developed and developing countries,climate finance cooperation under the framework of the Paris Agreement is very difficult,and countries still follow their own Understanding and appealing explain the principle of “common but differentiated responsibilities” and the differences in understanding still exist.The negotiation between the developed countries and the developing countries on the establishment of a long-term effective climate fund funding mechanism has not achieved satisfactory results.As the United States withdrew from the Paris Agreement after Trump was elected president,it will advance for some time in the future.Global climate governance and follow-up to the implementation of international climate funds also require greater wisdom and courage from both sides.This article begins with the basic content of the UNFCCC Climate Fund and the operation of the Paris Agreement fund and system,analyzes the sources and uses of the Paris Agreement,and proposes the existing financial mechanism of the Paris Agreement.The shortcomings of the proposed post-Paris era of China's climate funding proposals.In the post-Paris era,economic size and emissions will determine that China will continue to play a key and guiding role in the construction of a global climate governance mechanism,promote the implementation of the Paris Agreement,adjust relevant domestic climate laws and regulations,and actively implement climate change.Changing international cooperation and exploring strategies and measures that are in line with China's status as a big country and adapting to China's national conditions are both the needs of China's The Thirteenth Five-Year Plan for the construction of ecological civilization and the interests of the country.