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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
Team Lead – Landscape of climate finance and energy scenarios Email
Vivian DEPOUES, PhD
Vivian DEPOUES, PhD
Research Lead – Adaptation to climate change Email
Benoît LEGUET
Benoît LEGUET
Managing Director Email
To learn more
  • 03/24/2025
    TRAMe2035 Scenario for a transition of households dietary habits by 2035

    Current food production and consumption trends contribute to a range of public health, social and environmental problems. The need for a transition is no longer in doubt: we must move towards a system that produces healthy food with a low impact on ecosystems, is accessible to all, and ensures fair remuneration for producers. There’s no denying that the questions we raise here are politically and socially sensitive, as food is deeply connected to cultural, economic, environmental and health issues. Nevertheless, it is essential to develop ways to foster open discussion. IDDRI and I4CE have therefore joined forces with several other actors to provide insights for the debate.

  • 03/21/2025 Blog post
    In the absence of a carbon tax in Canada, measures to fill the gap are essential 

    On his first day in office, Prime Minister Mark Carney announced the elimination of the consumer carbon tax, in response to political pressures rather than evidence-based concerns about its effectiveness or impact on affordability. The tax had played a crucial role in reducing the country’s GHG emissions, and along with other carbon pricing policies, was expected to contribute nearly half of Canada’s emissions reductions by 2030. Additionally, the majority of revenues collected were redistributed to citizens, protecting vulnerable households. Thus, without alternative policies to compensate, eliminating the tax could slow emissions reductions and increase inflationary pressure, particularly for low- and middle-income families who benefited financially from the Canada Carbon Rebate funded by the tax. 

  • 03/21/2025 Foreword of the week
    Adaptation finance in the EU: what role for insurers and other private financial institutions?

    The President of the European Commission, Ursula von der Leyen, has committed to presenting a European Climate Adaptation Plan in 2026. The European Commission has previously emphasised public budgets as the main source of coverage for climate-related disasters. But if both the EU’s and member states’ budgets are strained by competing investment priorities and high debt levels in some cases, what are the complementary avenues for financing adaptation in the EU? How can private financial actors, such as banks, insurance companies or asset management firms, support adaptation efforts, not only to ensure resilience (i.e. recovery) from climate disasters, but also to prevent impacts before they arrive?

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Press contact Amélie FRITZ Head of Communication and press relations Email
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