World leaders hail Paris climate deal as ‘major leap for mankind’

A historic, legally binding climate deal that aims to hold global temperatures to a maximum rise of 1.5C above pre-industrial levels, staving off the worst effects of catastrophic global warming, has been secured.

 

The culmination of more than 20 years of fraught UN climate talks has seen all countries agree to reduce emissions, promise to raise $100bn a year by 2020 to help poor countries adapt their economies, and accept a new goal of zero net emissions by later this century.

 

Formally adopted in Paris by 195 countries, the first universal climate deal will see an accelerated phase-out of fossil fuels, the growth of renewable energy streams and powerful new carbon markets to enable countries to trade emissions and protect forests.

 

As the final text of the agreement was released, the French president, François Hollande, said: “This is a major leap for mankind. The agreement will not be perfect for everyone, if everyone reads it with only their own interests in mind. We will not be judged on a clause in a sentence, but on the text as a whole. We will not be judged on a word, but on an act.”

 

Economist Lord Stern added: “This is a historic moment, not just for us but for our children, our grandchildren and future generations. The Paris agreement is a turning point in the world’s fight against unmanaged climate change which threatens prosperity. It creates enormous opportunities as countries begin to accelerate along the path towards low-carbon economic growth.”

 

Read More: World leaders hail Paris climate deal as ‘major leap for mankind’ | Environment | The Guardian