Since November 2020, 194 states and the European Union have signed the agreement. 187 countries and the EU, which account for about 79% of global greenhouse gas emissions, have ratified the agreement or have joined the agreement, including China and India, the countries with the first and third largest CO2 emissions among UNFCCC members.    As of November 2020[update], the United States, Iran and Turkey are the only countries with more than 1% not to be contracting parties. While the agreement has been welcomed by many, including French President Francois Hollande and UN Secretary-General Ban Ki-moon, criticism has also emerged. James Hansen, a former NASA scientist and climate change expert, expressed anger that most of the agreement is made up of "promises" or goals, not firm commitments.  He called the Paris talks a fraud with "nothing, only promises" and believed that only a generalized tax on CO2 emissions, which is not part of the Paris agreement, would force CO2 emissions down fast enough to avoid the worst effects of global warming.  Although mitigation and adjustment require increased climate funding, adjustment has generally received less support and has mobilized less private sector action.  A 2014 OECD report showed that in 2014, only 16% of the world`s financial resources were devoted to adaptation to climate change.  The Paris Agreement called for a balance between climate finance between adaptation and mitigation, highlighting in particular the need to strengthen support for adaptation from the parties most affected by climate change, including least developed countries and small island developing states. The agreement also reminds the parties of the importance of public subsidies, as adjustment measures receive less public sector investment.  John Kerry, as Secretary of State, announced that the United States would double its grant-based adjustment funding by 2020. How can I resume my translations in the vocabulary coach? The EU and its member states are individually responsible for ratifying the Paris Agreement. There was a strong preference for the EU and its 28 Member States to simultaneously table their ratification instruments to ensure that neither the EU nor its Member States commit to commitments that belong exclusively to the other and there was concern that there was a disagreement on each Member State`s share of the EU-wide reduction target. just as Britain`s vote to leave the EU could delay the Paris pact.  However, on 4 October 2016, the European Parliament approved the ratification of the Paris Agreement and the EU tabled its ratification instruments on 5 October 2016 with several EU Member States.  This promise was a unique opportunity for multi-party stakeholders to welcome the Paris Agreement on climate change.