As previously agreed, all developed countries will collectively mobilise $100 billion per year from both the public and private sector, to help the poorest and most vulnerable countries to protect themselves from the effects of climate change and support low carbon development. “In California we know the serious damage climate change can cause to everything from our supply of food and water to the health of our neighborhoods to our national security”, she said.
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Global temperatures increased by about 1 degree Celsius since the dawn of the Industrial Revolution, and experts said curbing the overall increase at 1.5 degrees could already be impossible.
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On the basis of equity and common but differentiated responsibilities and respective capabilities, the Paris agreement calls for aiming to hold global average temperature rise to below 2 degrees Celsius above pre-industrial levels and strives for limiting the temperature increase to 1.5 degrees Celsius above pre-industrial levels.
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“But make no mistake, the Paris agreement establishes the enduring framework the world needs to solve the climate crisis”.
Calling it a turning point for the world, US President Barack Obama said the adoption of a landmark climate change deal represented the best chance for mankind to save the planet.
Under the terms of the climate deal, the majority of the participating nations will see peak carbon emissions no later than 2030, with some aiming to reach that goal even sooner.
Ms Sturgeon said: “This historic agreement sends a signal of certainty about the global economy’s low-carbon future, in the same way as we did for Scotland through our world-leading climate legislation in 2009”.
“What matters now is how countries take action to deliver on the climate promises they have made in Paris”. Under the Paris agreement, countries will submit updated climate plans called nationally determined contributions (NDCs) every five years.
COP21 president and French Foreign Minister Laurent Fabius praised the work of the delegations and country groups in reaching an agreement. “We have today reassured this future generation that we all together will mitigate the challenge posed by climate change and will give them a better Earth”, Prakash Javadekar said. Any deal that required legally-binding emissions cuts or monetary commitments would need to go to the U.S. Senate for ratification, which led the U.S.to push for those provisions to be made voluntary in the final agreement.
Under the deal, all nations will communicate their climate targets every five years, starting in 2020.
“In Paris, there have been many revolutions over the centuries”, he said.
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“By including this important goal in the agreement, world leaders have recognised that our climate is changing more rapidly and with larger and more damaging impacts than first thought, and underscored how quickly we must act to safeguard our climate”. The deal will have countries coming back to the table, where they will have to show the world how they are increasing their ambition to meet that target.
