1. Ambitious emissions reduction targets: The pact would set ambitious emissions reduction targets for all countries, in line with the Paris Agreement's goal of limiting global warming to well below 2 degrees Celsius, and pursuing efforts to limit it to 1.5 degrees Celsius. These targets would be based on the latest scientific evidence and would be reviewed and strengthened on a regular basis.
2. Nationally determined contributions (NDCs): Each country would submit a nationally determined contribution (NDC) outlining how they will meet their emissions reduction targets. NDCs would be ambitious, achievable, and measurable, and would be updated on a regular basis.
3. Finance: Developed countries would provide financial support to developing countries to help them meet their emissions reduction targets. This finance would be in the form of grants, concessional loans, and investments in renewable energy and other low-carbon technologies.
4. Technology transfer: Developed countries would transfer environmentally sound technologies to developing countries to help them reduce their emissions. This technology transfer would be in the form of licensing agreements, joint ventures, and capacity building.
5. Capacity building: Developed countries would provide capacity building to developing countries to help them implement their emissions reduction plans. This capacity building would include training for policymakers, technical assistance, and institutional support.
6. Adaptation: The pact would also include provisions to help developing countries adapt to the impacts of climate change. This adaptation finance would be in the form of grants, concessional loans, and investments in resilience-building measures.
7. Transparency and accountability: All countries would be required to transparently report on their progress in meeting their emissions reduction targets. This reporting would be subject to independent verification.
8. Enforcement mechanism: The pact would include an enforcement mechanism to ensure that countries comply with their commitments. This enforcement mechanism would include sanctions for countries that fail to meet their targets.
A strong climate pact would be a major step forward in the fight against climate change. It would provide the framework for global cooperation on emissions reductions and climate finance, and would help to ensure that all countries are doing their part to protect the planet.