Ten Years of the Paris Agreement: Progress, Challenges, Action
The Paris Agreement has driven major climate milestones from carbon trading rules to the Loss and Damage Fund. Challenges remain, but global collaboration offers hope.
Today marks the ten-year anniversary of the adoption of the Paris Agreement. This landmark treaty was an historic step in responding to climate change, setting the stage for a coordinated global effort to commit to limit warming, enhance climate resilience, and mobilise finance for sustainable solutions.
Over the past decade, tangible progress has been actioned, with the Loss and Damage Fund established in 2022, rules for international carbon trading adopted under Article 6, and a new climate finance goal agreed in 2024; just to list some of the many milestones that demonstrate how the Paris Agreement has translated ambition into concrete mechanisms for climate action.
COP30 this November marked a decisive moment for the future of climate action, emphasising that implementation and collaboration must now be at the centre of global efforts. Progress remains uneven; global carbon emissions continue to rise, and geopolitical challenges are slowing collective action. The United States has left the Paris Agreement, a third of Parties have failed to update their climate pledges, and critical negotiations, such as the roadmap for phasing out fossil fuels, faced significant delays.
Yet even in the face of these challenges, momentum and collaboration are uniting the global climate community. Across continents and sectors, governments, investors, and innovators are coming together - driving solutions, sharing knowledge, and accelerating action. This mobilisation of the global climate community offers hope: by combining expertise, ambition, and resources, we can turn commitments into measurable impact, even in times of uncertainty.
Paris will once again become a hub for climate action in April 2026. The Sustainable Investment Forum Europe and the Nature Finance Forum Europe will bring together investors, policymakers, and innovators to explore climate aligned and nature positive strategies, share insights, and scale solutions that deliver both environmental and financial impact.
