In Genesis 9:9-17 Elohim makes this covenant with Noah and all his descendants.
Gen 9:9 'As for Me, behold, I establish My covenant with you, and with your seed after you; 10 and with every living creature that is with you, the fowl, the cattle, and every beast of the earth with you; of all that go out of the ark, even every beast of the earth. 11 And I will establish My covenant with you; neither shall all flesh be cut off any more by the waters of the flood; neither shall there any more be a flood to destroy the earth.'
12 And God said: 'This is the token of the covenant which I make between Me and you and every living creature that is with you, for perpetual generations: 13 I have set My bow in the cloud, and it shall be for a token of a covenant between Me and the earth. 14 And it shall come to pass, when I bring clouds over the earth, and the bow is seen in the cloud, 15 that I will remember My covenant, which is between Me and you and every living creature of all flesh; and the waters shall no more become a flood to destroy all flesh.
16 And the bow shall be in the cloud; and I will look upon it, that I may remember the everlasting covenant between God and every living creature of all flesh that is upon the earth.' 17 And God said unto Noah: 'This is the token of the covenant which I have established between Me and all flesh that is upon the earth.' (JPS)
Read carefully verse 16, highlighted above.
Elohim says, when HE looks upon the rainbow, He will remember the covenant between Him and all flesh upon the earth.
Figure: Real photo of a double rainbow observed in Colorado in 2015. The sky looks clear
behind the rainbow, but the rain was from clouds which were above and behind the camera.
What is significant about Elohim’s “remembering” the covenant with us?
Well, every rainbow is unique to the observer! When we see a rainbow, the rainbow I see is not the rainbow you see or the rainbow seen by anyone else, for the rainbow perceived is centered upon the eye of the viewer. Every ray of light making up that particular rainbow is unique to you and you alone! This is true! Every rainbow is unique to you and you alone!
But Elohim says He can see that rainbow too!
The only way for Elohim to see the rainbow you see is for His Spirit (His Ruach) to be within you! You can see a rainbow and Elohim can see a rainbow, but it is not the same rainbow unless He sees it through your eyes.
The covenant is shared! Indeed, all covenants are shared. Is YHWH in your life so His Spirit can dwell in you and you share in His covenants which were intended for you?