Glossary
Paris Agreement

Paris Agreement

Which climate risk platform is right for your business?

Definition

The Paris Agreement is a legally binding international treaty that aims to limit global warming to well below 2°C, and ideally to 1.5°C. It was signed by 191 countries at COP21 in 2015.

Example in context

Many sustainability strategies and climate scenarios refer to “Paris-aligned” goals. When evaluating future climate risk, EarthScan uses a Paris-aligned scenario to model how hazard exposure changes in a low-emissions world.

Why it matters

The Paris Agreement shapes policy, investor expectations, and disclosure frameworks. Understanding its goals helps organisations align risk planning, scenario analysis, and emissions targets.

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