All About The Paris Climate Agreement |

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All About The Paris Climate Agreement |_2.1

The Paris Agreement is an agreement within the framework of the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gases emissions mitigation and adaptation. The agreement will come into force once 55 countries representing at least 55 % of global emissions formally join it.

So basically this is an agreement on the language of the treaty, negotiated by representatives of 195 countries at the 21st Conference of the Parties of the UNFCCC in Paris and adopted by consensus on 12 December 2015. It was opened for signature on 22 April 2016 (Earth Day).

Till now 175 countries have signed the historic Paris Climate Agreement at United Nations Headquarters in New York marking a significant step to combat global warming. It was for the first time in the history that such a large number of countries signed the agreement in a single day.

Under the agreement, all countries agreed to work to limit global temperature rise to well below 2 degrees Celsius and to strive for 1.5 degrees Celsius. It also aims to increase the ability to adapt the adverse impacts of climate change and foster climate resilience that does not threaten food production. Countries furthermore aim to reach “global peaking of greenhouse gas emissions as soon as possible.

Key features of the Paris Agreement

Safeguards the interests of Developing Countries : The agreement acknowledges various development initiatives of the countries and rights to development. It provides a harmonized path that synchronizes environmental protection and growth.

Sustainable Development: The agreement highlights the importance of sustainable development and consumption of resources in efficient manner so that ‘climate justice’ is not compromised at any phase of development.

Financial support from Developed countries: The agreement, calls on nations to scale up their level of financial support with a complete road map. To achieve the goal of mitigating climate change Developed countries will provide 100 billion dollars annually to the developing counterparts beginning in 2020 and it would increase with time.

Implementation of the Convention: Every country would make significant effort to combat the global temperature rise.

So as per the agreement, participated countries set their own targets for reducing emissions of carbon dioxide and other greenhouse gases. The targets are not legally binding but countries must update them every five years.

China, the world’s biggest climate polluter has announced that it would “finalise domestic procedures” to ratify the agreement before the G20 summit in China in September.

The 2nd biggest emitters ‘The United States’ and the 3rd biggest emitters ‘India’ has also reaffirmed their intention to approve the deal this year. The environment Minister of India, Prakash Javadekar signed the agreement in the UN General Assembly hall at a high-level ceremony hosted by UN Secretary-General Ban Ki-moon.