CURRENT AFFAIRS

Detailed explanation-1: -The Agreement is a legally binding international treaty. It entered into force on 4 November 2016. Today, 194 Parties (193 States plus the European Union) have joined the Paris Agreement.

Detailed explanation-2: -The Paris Agreement set out to improve upon and replace the Kyoto Protocol, an earlier international treaty designed to curb the release of greenhouse gases. It entered into force on November 4, 2016, and has been signed by 195 countries and ratified by 190 as of January 2021.

Detailed explanation-3: -The 1920 Treaty of Paris was an act signed by Romania and the principal Allied Powers of the time (France, United Kingdom, Italy and Japan) whose purpose was the recognition of Romanian sovereignty over Bessarabia. The treaty, however, never came into force because Japan failed to ratify it.

Detailed explanation-4: -Iran and Libya – both among the 14-member Organization of Petroleum Exporting Countries (Opec) – as well as Yemen and Eritrea have not ratified the agreement. The deal has been formally endorsed by 193 of 197 nations, including all G20 countries. Turkey and Iraq signed up in late 2021.

Detailed explanation-5: -The UNFCCC entered into force on 21 March 1994. Today, it has near-universal membership. The 198 countries that have ratified the Convention are called Parties to the Convention.