Cheering envoys from 195 nations on Saturday approved a historic accord in Paris to stop global warming, offering hope that humanity can avert catastrophic climate change and usher in an energy revolution.
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Noting that the agreement acknowledges and recognises the development imperatives of India and other developing countries, Environment Minister Prakash Javadekar said the accord also supported their right to development and their efforts to harmonise development with environment, while protecting the interests of the most vulnerable.
“The Paris outcome provides further confidence that this goal will be met and that climate finance will continue to flow”, it added. “Climate Change remains a challenge but Paris Agreement demonstrates how every nation rose to challenge, working towards a solution”, the Prime Minister tweeted.
He said the global community couldn’t be complacent despite the agreement as the problem of carbon emissions wasn’t solved.
The IEA’s figures reflect the costs of nations reaching the voluntary commitments they made under the Paris program plus an estimate of what it would take to bring temperatures down to the 2-degree target.
China and India, the world’s No. 1 and No. 3 greenhouse gas polluters, also welcomed the Paris agreement.
“We can not afford to be slowed by the climate skeptics or deterred by the defeatists who doubt America’s ability to meet this challenge”, Clinton said, vowing to make climate change a top priority if elected president. Others embraced. VIDEO: Republicans Rebuke President Obama’s Climate Agenda Locally, Oakland Mayor Libby Schaaf, who attended the Paris talks, is excited about the pact.
“As a result of the climate agreement we can be more confident the Earth will be in better shape”, he said.
“It’s a fraud really, a fake”, Mr. Hansen said of the deal, according to a report in The Guardian.
The landmark deal, the culmination of years of negations, is an attempt to fight global warming by reducing greenhouse gas emissions.
“We don’t have a flawless agreement, but we have a good and necessary agreement”.
“Politically as well as technologically, this is no walk in the park”, said Ottmar Edenhofer, chief economist at the Potsdam Institute for Climate Impact Research Institute near Berlin, and a lead author of the UN’s most rigorous assessment of climate economics.
“We have been asked to take this commitment without the support that will allow us to do our fair share”, Molewa said. We’ve got a start, but we need to ratchet it up going forward.
The Agreement is scheduled to go into effect from 2020. READ: Full text of President Obama’s speech on the Paris Climate AgreementJust two weeks ago, Obama traveled to Paris to deliver remarks at the COP21 conference, urging the almost 200 nations to reach an agreement “that builds in ambition”.
“We have [the planet] on loan from future generations”.
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We must never forget: Fossil fuels facilitated successive industrial revolutions and enabled billions to live better than royalty did a century ago, helped average incomes to increase eleven-fold, and helped average global life expectancy to soar from less than 30 in 1870 to 71 today. The agreement sets up a line of funding-one that should total at least $100 billion annually by 2020-from developed nations to developing ones both for adaptation efforts and for clean energy technology. But a key part of the agreement is a framework for revisiting emissions pledges every 5 years, with the goal being that those pledges are ratcheted down over time.
