The Paris Agreement: Short-Term and Long-Term Effectiveness
Concerning short-term effectiveness, we contend that while Paris scores high on participation, and reasonably high on the depth of the parties’ commitments (ambition), its Achilles’ heel will likely be compliance. Concerning long-term effectiveness, we argue that Paris does little to restructure states’ incentives so as to avoid free riding. At worst, it might end up as a failure, much like Kyoto did.