In the Paris Agreement, 195 member states of the United Nations Framework Convention on Climate Change agreed to limit the rise in global average temperature to significantly below two degrees Celsius.
Espinosa said the Paris Agreement had now been ratified by 175 nations. The climate deal set a goal of keeping the rise in average global temperatures to "well below" 2 degrees Celsius above pre-industrial times, and ideally to 1.5 degrees.
Small island nations, who face the prospect of getting submerged by the rising sea-levels, have been demanding a provision for compensation for damages that countries like them suffer due to climate change.
"More than 900 US businesses support keeping the US in the Paris Agreement, including 20 Fortune 500 companies. American businesses need the US government at the negotiating table to represent their interests," the 10 Senators wrote in a letter to Donald Trump.
India has reasons to be satisfied with the Paris Agreement on climate change that was finalised on Saturday night, but the inclusion of one line in the article dealing with the deal’s purpose might prove to be a big irritant in its plans to build coal-fired power plants. That line, possibly introduced in the text […]