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In Paris, the agreement was signed to stop global warming at 1.5 degrees

All 195 countries that participated in the climate summit in Paris signed the agreement after its final draft was presented earlier today.

French President Francois Hollande together with Kuwaiti Prime Minister Sheikh Jaber Al Mubarak Al Saban at the climate conference in Paris Frederic Legrand - COMEO / Shutterstock.com
French President Francois Hollande together with Kuwaiti Prime Minister Sheikh Jaber Al Mubarak Al Saban at the climate conference in Paris Frederic Legrand – COMEO / Shutterstock.com

 

All the delegations that participated in the climate summit in Paris, 195 in number, signed the agreement formulating a road map for reducing pollutant emissions, until reaching a balance between emissions and carbon absorption in the middle of the century.

To achieve these results, the developed countries will invest 100 billion dollars a year for the benefit of the poor countries and there will be cooperation between the developed and developing countries. The President of the United States wrote on his Twitter account that this is a "huge" agreement. "Almost every country in the world has signed the agreement - thanks to the American leadership," he added.

French Foreign Minister Laurent Fabius said: "This is a historic turning point." French President Francois Hollande said the proposal was unprecedented, while UN Secretary General Ban Ki-moon said: "We must protect the planet that sustains us."

The support from countries like China, India and Saudi Arabia brought relief to the summit organizers. These countries, and the developed countries dragged their feet in the previous climate conferences.

The measures designed to limit emissions until 2020 are:

  • To reach the peak of emissions as quickly as possible and achieve a balance between sources and factors that can absorb the greenhouse gases in the second half of the century.
  • To keep the global temperature well below 2 degrees and make efforts to even reach above and a half.
  • Conduct an examination of progress every five years.
  • The other important section proposes that the developed countries invest 100 billion dollars a year in climate finance for developed countries until 2020 with a commitment to continue the funding in the future.

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