US, China Ratify Paris Climate Accord

تم نشره في Sat 3 September / Sep 2016. 12:00 AM
  • Signing up to cut emissions means China will have to move away from coal power - (Reuters)

HANGZHOU, China — The US and China - together responsible for 40% of the world's carbon emissions - have now both ratified the Paris global climate agreement.

After arriving with other leaders of G20 nations for a summit in the city of Hangzhou, Mr Obama said: "History will judge today's effort as pivotal."

CO2 emissions are the driving force behind climate change.

Last December, countries agreed to cut emissions enough to keep the global average rise in temperatures below 2C.

The Paris deal is the world's first comprehensive climate agreement. It will only come into force legally after it is ratified by at least 55 countries, which between them produce 55% of global carbon emissions.

Members of China's National People's Congress Standing Committee adopted "the proposal to review and ratify the Paris Agreement" on Saturday morning at the end of a week-long session.

The G20 summit in Hangzhou starts on Sunday. And it is expected to be Obama's last trip to Asia as US president.

Paris agreement: Key points

·         To keep global temperature increase "well below" 2C and to pursue efforts to limit it to 1.5C

·         To peak greenhouse gas emissions as soon as possible and achieve a balance between sources and sinks of greenhouse gases in the second half of this century

·         To review progress every five years

·         USD100bn a year in climate finance for developing countries by 2020, with a commitment to further finance in the future

·         Once the deal comes into force, countries that have ratified it have to wait for a minimum of three years before they exit