Publications

COP21 – a successful ‘end of the beginning

The Paris Agreement provides a clear signal and a solid framework for climate action. Balanced and ambitious in its objectives – including full decarbonization of the global economy before the end of the century – it has all the conditions to encourage everyone to do more.

In establishing a new international climate change regime, the Agreement focuses on the essentials: guiding countries towards low-carbon and climate resilient economies. The main challenge resides not in the direct implementation of the decisions taken in Paris, but rather in the alignment of countries’ national strategies with a decarbonization trajectory.

COP21 marks the advent of a new regime of international cooperation rather than a ‘utopian’ and politically unpalatable system to punish or coerce States to take action. It confirms the desire to engage both State and non-State actors on climate action. In this respect, it is a real victory of multilateralism.

Indeed, COP21 marks the “end of the beginning” of a long negotiations process to shift to a permanent regime, completed by regular appointments to boost ambition. This victory, however, will become historical only if this cooperation leads to enhanced action and concrete results. And this is where the hard work begins!

COP21 – a successful ‘end of the beginning Download
I4CE Contacts
Hadrien HAINAUT
Hadrien HAINAUT
Programme director – Climate finance, energy transition and forecasting Email
Vivian DEPOUES, PhD
Vivian DEPOUES, PhD
Research Lead – Adaptation to climate change Email
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 10/28/2025
    From targets to action: the climate finance agenda needs a new impetus in Belèm

    Ten years after the adoption of the Paris Agreement, what progress has been made to make financial flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development (the ambition set out in Article 2.1(c) of the Agreement)? And what is needed going forward? Although we still lack a comprehensive assessment of progress, this article draws on existing analysis of what can help align financial flows and examines the efforts made by governments and the financial sector to this end. It highlights a development in the debate towards a country-driven approach and a focus on real investment needs. It explores ways to overcome existing barriers to action despite a challenging global context. The article advocates that Article 2.1(c) should be viewed not as a stand-alone provision, but as something that requires full implementation of all the provisions of the Paris Agreement. It also calls for a shift from a target-focused to an action-focused finance agenda and discusses how the COP30 in Belém can contribute to this.

  • 10/24/2025 Foreword of the week
    All hands on deck: Charting a course towards a clean industrial strategy

    One year ago, Mario Draghi warned that Europe was becalmed in treacherous waters. Fading competitiveness, trade disputes to east and west, and a growing political mutiny against the green transition make the way forward hard to navigate. This year, however, the EU has begun to find its bearings – guided by the Competitiveness Compass, with decarbonisation as the north star of the Clean Industrial Deal.

  • 10/24/2025
    The Competitiveness Coordination Tool: How to make better choices in clean industrial policy

    Europe is levelling up its industrial policy. From the Clean Industrial Deal to proposals for a more flexible EU budget, the Commission signals new ambition to build scale in strategic cleantech sectors and strengthen Europe’s decarbonising industrial base. Yet this firepower risks losing impact if spread too thinly. Limited resources demand sharper focus. As the Draghi Report made clear, Europe must act strategically: understand its industrial strengths and vulnerabilities, prioritise the sectors that matter most, and align funds, regulation, and institutional capacity accordingly. 

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Press contact Amélie FRITZ Head of Communication and press relations Email
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