The United States has announced it has begun the process of formally withdrawing from the landmark 2015 Paris Climate Agreement.

In a statement on Monday, U.S. Secretary of State Mike Pompeo said the agreement was an “unfair economic burden” to the U.S. economy, and that he has submitted formal notice to the United Nations, beginning a process that will not become official for a year.

“In international climate discussions, we will continue to offer a realistic and pragmatic model — backed by a record of real world results — showing innovation and open markets lead to greater prosperity, fewer emissions, and more secure sources of energy,” he said.

Now that the U.S. has begun the process of withdrawing, what does that mean for Canada and other states who are still a part of the agreement?

Here’s a look at what’s happening:

How will America’s withdrawal impact the international community?

The Paris Climate Agreement is an environmental accord to “combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future,” according to the United Nations.

The main goal of the agreement is to keep the global temperature “well below” two degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.

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