{"id":253878,"date":"2026-08-17T15:55:07","date_gmt":"2026-08-17T19:55:07","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?post_type=glossary-terms&#038;p=253878"},"modified":"2026-08-18T11:12:52","modified_gmt":"2026-08-18T15:12:52","slug":"paris-agreement","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/paris-agreement\/","title":{"rendered":"Paris Agreement"},"content":{"rendered":"\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/ndcdyn.interactivebrokers.com\/mkt\/?src=glossGenAcc&amp;url=%2FUniversal%2FApplication\">Open Account<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Paris Agreement is the 2015 treaty under the United Nations Framework Convention on Climate Change in which signatories agreed to hold the long-term rise in global surface temperature well below 2\u00b0C above pre-industrial levels, with a stated preference for 1.5\u00b0C. It operates through voluntary national pledges with no binding penalty for missing them, and progress is reviewed at the annual Conference of the Parties. The 1.5\u00b0C and 2\u00b0C figures emerged from diplomatic negotiation rather than from a single authoritative scientific determination, and because the targets are framed around multi-decadal averages, a single year crossing a threshold does not by itself constitute a breach of the agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/esg\/how-quickly-will-the-globe-warm-paris-agreement-forecast-contracts\/\">How Quickly Will The Globe Warm? Paris Agreement Forecast Contracts<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/what-do-prediction-markets-indicate-about-the-rhetoric-at-this-years-international-climate-conference\/\">What do prediction markets indicate about the rhetoric at this year\u2019s international climate conference?<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-climate-energy\/the-value-of-climate-prediction-markets\/\">The Value of Climate Prediction Markets<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/2025-global-temperature-prediction-markets-where-we-stand-in-may\/\">2025 Global Temperature Prediction Markets: Where We Stand in May<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-climate-energy\/fair-value-weather-climate-thursday-july-30-2026\/\">Fair Value Weather &amp; Climate \u2014 Thursday, July 30, 2026<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/prediction-market\/fair-value-weather-climate-monday-august-3-2026\/\">Fair Value Weather &amp; Climate \u2014 Monday, August 3, 2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Paris Agreement is the 2015 treaty under the United Nations Framework Convention on Climate Change in which signatories agreed to hold the long-term rise in global surface temperature well below 2\u00b0C above pre-industrial levels, with a stated preference for 1.5\u00b0C. It operates through voluntary national pledges with no binding penalty for missing them, and progress is reviewed at the annual Conference of the Parties. The 1.5\u00b0C and 2\u00b0C figures emerged from diplomatic negotiation rather than from a single authoritative scientific determination, and because the targets are framed around multi-decadal averages, a single year crossing a threshold does not by itself constitute a breach of the agreement.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[13257,13251],"class_list":["post-253878","glossary-terms","type-glossary-terms","status-publish","traders-glossary-trading-terms-p","traders-glossary-trading-alphabet"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"The 2015 treaty under 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