The agreement will be formally ratified at a high-level signature ceremony of the United Nations on April 22, 2016 and at least 55 countries will have to accept for it to come into effect.

China and India representatives at the Paris climate talk

Reuters
History was made on Saturday night in Paris. As many as 196 countries adopted a new climate accord – to be known as the Paris agreement – that commits to limit global warming to below 2 degrees Celsius by 2100, while pursuing efforts for an even ambitious 1.5 degrees Celsius pre-industrial levels. More importantly, by adopting the agreement, countries across the globe have committed to end fossil-fuel domination and they have to ensure that net greenhouse gas emissions are zero in the second half of the century. The agreement will be formally ratified at a high-level signature ceremony of the United Nations on April 22, 2016 and at least 55 countries will have to accept for it to come into effect.<!– Dna_Article_Middle_300x250_BTF –> For India, who was seen by the US and European Union as a potential deal-breaker, the agreement protected its interests in the near future. Union minister for environment, forests and climate change Prakash Javadekar said, “We are happy to note that all concerns of India have been taken on board.” The final text of the agreement makes several mentions of the principle of common but differentiated responsibility that was a crucial demand made by India throughout the negotiations. This ensures that India does not have the burden of scaling up their emission cuts or providing climate finance to other nations. But, the United States and other industrialised countries have offset its ‘historical responsibility’ by ensuring that the final text does not include this term. Speaking after the deal’s adoption, Javadekar said, “This (deal) recognizes development imperatives of India and is happy that it acknowledges climate justice, CBDR and equity. We are happy that agreement differentiates between developed and developed nations. We are of the opinion that the agreement could have been more ambitious and actions are far below historic responsibilities and limiting temperature below 2 degrees will be difficult.” The deal also allowed industrialised nations another relief as the issue climate finance – funds provide by richer countries to fight against climate change – was not included in the legally binding section of the agreement. Developed nations will have to provide $100 billion by 2020 and are to scale it up. The Paris agreement will replace the Kyoto Protocol of 1997. Under the 1997 agreement, developed nations were asked to cut down their emissions. But the Paris agreement is more holistic as each of the participating country has submitted their action plan to drastically reduce greenhouse gas emissions. French President Francois Hollande told the assembled delegates: “You’ve done it, reached an ambitious agreement, a binding agreement, a universal agreement. Never will I be able to express more gratitude to a conference. You can be proud to stand before your children and grandchildren.”
Accord weak, unambitious: Think-tankEnvironmental think-tank Centre for Science and Environment (CSE) called the Paris deal unambitious. “On the whole, it continues to be weak and unambitious, as it does not include any meaningful targets for developed countries to reduce their emissions,” said CSE director Sunita Narain. Outcome has no winners or losers: ModiPrime Minister Narendra Modi said the outcome of Paris agreement had no winners or losers and climate justice was the lone winner. “Climate change remains a challenge but agreement demonstrates how every nation rose to challenge,” Modi tweeted. ‘Best chance’ to save planet: ObamaUS President Barack Obama said the landmark deal is a “turning point” for the world and represents the “best chance” for mankind to save the planet. “I believe this moment can be a turning point for the world,” Obama said in an address to the nation.

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World sets new target to save planet, adopts climate accord