It facilitates administrative cooperation by standardizing contractual arrangements and committing to rely on United Nations audit, control, accounting and attribution procedures. This Agreement shall apply to all Directorates-General of the European Commission and to all United Nations organisations which are Parties. The United Nations Framework Convention on Climate Change, in force since March 1994, has been ratified by all 33 countries in Latin America and the Caribbean. The objective of the convention is to stabilize the concentration of greenhouse gases in the atmosphere at a level that prevents dangerous anthropogenic intervention in the climate system. The agreement provides an overlying framework for intergovernmental efforts to address the challenges of climate change. The lack of significant progress between the parties over the past eighteen years and effective political agreements to reduce CO2 emissions has prompted some countries, such as the United States, to refrain from ratifying the main UNFCCC agreement – the Kyoto Protocol – largely because the treaty does not apply to developing countries, which are now among the largest emitters of CO2. It involves virtually every aspect of a state`s economy and makes countries nervous in terms of growth and development. It is an economic problem, just like an ecological problem. He also said that the United Nations Framework Convention on Climate Change was a multilateral body tasked with addressing climate change and providing an inefficient system for implementing international policies. Since the framework covers more than 190 countries and negotiations are settled by consensus, small groups of countries can often block progress.  The ultimate objective of both treaties is to stabilize greenhouse gas concentrations in the atmosphere at a level that prevents dangerous human intervention in the climate system.
In 2010, governments agreed on the need to reduce emissions in order to limit the increase in global temperature to less than 2 degrees Celsius. The Kyoto Protocol will continue until 2020 and the parties to the UNFCCC are poised to take strengthened measures thereafter, including a new universal legal agreement to tackle climate change after 2020, in which all will play their part to the best of their ability and will all be able to share the benefits of success. . . .