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Climate deal unveiled in Paris, a ‘historic turning point’

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Global climate envoys agreed a landmark accord on Saturday, setting the course for a “historic” transformation of the world’s fossil fuel-driven economy within decades in a bid to arrest global warming.

At the tail end of the hottest year on record and after four years of fraught U.N. talks often pitting the interests of rich nations against poor, imperiled island states against rising economic powerhouses, French Foreign Minister Laurent Fabius took just minutes to declare the pact adopted to the standing applause and whistles of delegates from almost 200 nations.

Hailed as the first truly global climate deal, committing both rich and poor nations to reining in rising emissions blamed for warming the planet, it sets out a sweeping long-term goal of eliminating net man-made greenhouse gas output this century.

It also creates a system to encourage nations to step up voluntary domestic efforts to curb emissions, and provides billions more dollars to help poor nations cope with the transition to a greener economy.

Calling it “ambitious and balanced”, Fabius said the accord would mark a “historic turning point” in efforts to avert the potentially disastrous consequences of an overheated planet.

 

 

Source: Reuters; Alister Doyle and Barbara Lewis