In the end, all parties recognized the need to “prevent, minimize and address losses and damages,” but in particular any mention of compensation or liability is excluded.  The Convention also takes up the Warsaw International Loss and Damage Mechanism, an institution that will attempt to answer questions about how to classify, address and co-responsible losses.  Under the Paris Agreement, each country must define, plan and report regularly on its contribution to warming mitigation.  There is no mechanism for a country to set an emission target for a specified date, but any target should go beyond the previous targets. The United States formally withdrew from the agreement the day after the 2020 presidential election, although President-elect Joe Biden said America would return to the agreement after his inauguration.  On October 5, 2016, when the agreement reached enough signatures to cross the threshold, U.S. President Barack Obama said, “Even if we achieve all the goals… we will only get to part of where we need to go. He also said that “this agreement will help delay or avoid some of the worst consequences of climate change.” It will help other nations reduce their emissions over time and set bolder goals as technology progresses, all under a strong transparency system that will allow each nation to assess the progress of all other nations.   Prior to the Paris Agreement, the ruling international climate agreements favoured mitigation before adaptation, loss and damage. Adaptation was only a small part of the United Nations Framework Convention on Climate Change (UNFCCC), which in Article 2 called the convention`s priority objective “to stabilize concentrations of greenhouse gases in the atmosphere at a level that would prevent dangerous intervention in the climate system.”  While the UNFCCC`s priority has been mitigation, it has recognized adaptation as a commitment to Article 4.  The Kyoto Protocol continued to control emissions by setting targets for reducing greenhouse gas emissions for industrialized countries.  Since COP14 in 2008, the parties have been at odds over how to collectively deal with losses and damages.