An accord, or agreement, is a formal understanding between two or more parties. It outlines the terms and conditions that each party agrees to follow, often to resolve a dispute or establish a cooperative relationship. Accords can be found in various contexts, including international relations, business contracts, and personal agreements. Accords are essential for ensuring clarity and mutual respect among the involved parties. They can cover a wide range of topics, such as trade, environmental policies, or peace treaties. For example, the Paris Agreement is an international accord aimed at addressing climate change by setting emission reduction targets for participating countries.