Glossary entry

Paris Alignment

Definitions

Option 1

Paris Alignment means that the Greenhouse Gas (GHG) targets and Climate Mitigation Measures of [insert organisation name] support the achievement of the three goals set out in Articles 2.1 and 4.1 of the UNFCCC’s Paris Agreement.

Option 2

Paris Alignment means a commitment to adopt short and long-term Greenhouse Gas (GHG) targets and Climate Mitigation Measures that are kept under review in line with developments in science and technology, in order to achieve the three climate objectives set out in Articles 2.1 and 4.1 of the UNFCCC’s Paris Agreement.

Paris Aligned Investments

Paris Aligned Investments means investments that are aligned with the Paris Agreement mitigation goal, that is to strengthen the global response to the threat of climate change, by holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels.

Drafting notes

The three goals (also known as the climate objectives) set out in Articles 2.1 and 4.1 of the Paris Agreement are the temperature goal, the adaptation and mitigation goal and the financial flow goal. For more information, see UNFCCC: What is the Paris Agreement?.

Organisations that set Paris Aligned goals and GHG targets often also commit to keeping their goals and targets under review in line with developments in science and technology, in order to achieve the three climate objectives. See Science-Based Targets definition.

Organisations may also want to commit in their climate or environmental policy to not undertaking activities that hinder or are inconsistent with the climate objectives.

Application

Supply chain clauses, national climate laws, climate emergency declarations, public procurement.