« We know that the UK and the EU, as well as the UN Secretary-General, are planning an event on 12 December, the fifth anniversary of the conclusion of negotiations on the Paris Agreement, where they will try to achieve more ambition, » said Andrew Light. « The ue-Green agreement and the commitments of China, Japan and South Korea on CO2 emissions neutrality indicate the inevitability of our collective transition from fossil fuels, » said Laurence Tubiana, one of the architects of the Paris Agreement and now executive director of the European Climate Foundation. Under Article 28 of the Paris Agreement, a country cannot announce its withdrawal from the agreement until three years after it enters into force in the country concerned, i.e. on November 4, 2016 in the case of the United States. Later, the White House said the United States would abide by the four-year withdrawal process.  On November 4, 2019, the administration announced a formal intention to resign, which takes 12 months. Until the withdrawal came into effect, the United States was required to meet its obligations under the agreement, such as the obligation to continue reporting its emissions to the United Nations.  The withdrawal came into effect on November 4, 2020, the day after the 2020 U.S. presidential elections.  The main objective of the agreement is to keep global average temperature rise well below 2 degrees Celsius above pre-industrial levels, including by reducing greenhouse gas emissions. The agreement is different from the 1997 Kyoto Protocol, the last UNFCCC amendment, which was widely adopted, as no annex is established to reduce the liability of developing countries. On the contrary, emission targets have been negotiated separately for each nation and must be implemented voluntarily, so U.S. officials view the Paris agreement as an executive agreement rather than a legally binding agreement.
This reversed the U.S. Congress` commitment to ratify the agreement.  In April 2016, the United States signed the Paris Agreement and adopted it by executive order in September 2016. President Obama forced the United States to pay $3 billion for the Green Climate Fund.  The Fund has set a goal of raising $100 billion per year by 2020. Article 28 of the agreement allows the parties to terminate the contract following a communication to the custodian, but the broadcast communication may not take place until three years after the agreement for the country comes into force.