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The Paris Agreement, adopted by 196 Parties and now binding for 189 of them, requires all its Parties to make economic and social transformation to reduce their Greenhouse Gas Emissions.
According to the UN report, although the Member States have made some progress in planning and implementation, there are still huge gaps in finance for developing countries and effective implementation of the environment projects. The document also points out that the repercussions of the pandemic have impacted nations’ ability to plan, finance and implement climate change adaptation plans and it will be lasting as the economic downturn could change the world's priorities for climate action.
The United Nations Environment Programme (UNEP) is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system, and serves as an authoritative advocate for the global environment.