This report provides a comprehensive analysis of the Paris Agreement on global governance. It begins by defining global governance and its relevance to climate change, emphasizing the agreement's goal of mitigating climate change by limiting temperature rise. The report discusses the agreement's key aspects, including the hybrid approach combining top-down and bottom-up strategies, nationally determined contributions (NDCs), and the transparency framework. It highlights the agreement's success in achieving broad international participation. The report then examines the limitations of the Paris Agreement, such as the lack of legally binding targets and mechanisms for enforcement. It also critiques the agreement's reliance on future technological advancements and the absence of concrete financial support for developing countries. The analysis concludes by assessing the overall effectiveness of the Paris Agreement in addressing climate change and its implications for international cooperation.