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Brazil ratifies Paris Agreement to reduce greenhouse gases
Temer served as Brazil’s vice president until August 31, when the Senate voted 61-20 to oust Rousseff, the country’s first woman president, over accounting irregularities in the federal budget.
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The decision by a major emitter to ratify the accord represents a major boost to its prospects and may encourage other countries to ratify it as well.
“Signing the Paris Agreement will help the country’s development by guiding growth without damaging the environment”, Brazil’s Environment Minister, Jose Sarney Filho, said at the ratification ceremony Monday.
“We are following a path Brazil started on long ago”, President Michel Temer said during a ceremony announcing the agreement in the capital Brasilia.
The U.N. said that by September 7 it had 27 ratifications amounting to 39 percent of global emissions. Along with other issues like national security, the climate change is being debated and used as an important part of the ongoing electioneering in the United States for the Presidential polls. “However, as a leading voice of the emerging economies, India must keep up the pressure on the rich nations to fulfill their obligations for contributing Dollars 100 billion for technology development and transfer to reduce the global emission.” said ASSOCHAM.
The final text of the agreement set a goal of “holding the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 degrees Celsius, recognizing that this would significantly reduce the risks and impacts of climate change”.
According to a report in an worldwide news agency, Brazil, in the last decade, has achieved significant emissions cuts as it has reduced deforestation in the Amazon.
The Paris Agreement will enter into force once 55 countries responsible for at least 55 percent of global emissions have formally joined it.
The country’s commitment is significant because it is Latin America’s top emitter of greenhouse and other gases, and the seventh largest worldwide.
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Brazil agreed at the climate summit in Paris to limit annual Carbon dioxide emissions to 1.3 billion tons by 2025, requiring a reduction of 36.1 percent.