The implementation of the agreement by all Member States is assessed every five years and the first evaluation will take place in 2023. The result will be used as a contribution to member States` new national contributions.  The inventory will not be one of the contributions/performance of each country, but of a collective analysis of what has been achieved and what remains to be done. The Paris Agreement is the world`s first comprehensive climate agreement.  While the expanded transparency framework is universal and the global inventory must take place every five years, the framework aims to provide “integrated flexibility” to distinguish between the capacities of developed and developing countries. In this context, the Paris Agreement includes provisions to improve the capacity building framework.  The agreement recognises the different circumstances of some countries and notes in particular that the technical expert review for each country takes into account that country`s specific reporting capacity.  The agreement also develops an initiative to enhance transparency to help developing countries put in place the institutions and processes necessary to comply with the transparency framework.  Both the EU and its Member States are individually responsible for ratifying the Paris Agreement.
It has been reported that the EU and its 28 Member States are simultaneously depositing their instruments of ratification to ensure that neither the EU nor its Member States commit to obligations belonging exclusively to each other, and some feared a disagreement on each Member State`s share of the EU-wide reduction target. Just like the British vote to leave the EU, the Paris Pact could be delayed.  However, on 4 October 2016, the European Parliament approved the ratification of the Paris Agreement and the European Union deposited its instruments of ratification on 5 October 2016 with several Eu Member States.  In addition, countries strive to achieve “as soon as possible a `global peak in greenhouse gas emissions`. The deal has been described as an incentive and driver for the sale of fossil fuels.   At the 2011 UN Climate Change Conference, the Durban Platform (and the Ad Hoc Working Group on the Durban Platform for Enhanced Action) was created with the aim of negotiating a legal instrument on climate change from 2020. The resulting agreement is expected to be adopted in 2015.  The objective of the agreement is to reduce global warming as described in Article 2 and improve the implementation of the UNFCCC by: Although mitigation and adaptation require increased climate finance, adjustment has generally received less support and mobilized less private sector action.  A 2014 OECD report indicated that in 2014, only 16% of global funds were devoted to climate change adaptation.  The Paris Agreement called for a balance between climate finance between adaptation and mitigation and highlighted in particular the need to increase support for adaptation to parties most vulnerable to the effects of climate change, including least developed countries and small island developing states. . .