Experts

Global Climate Change Final Draft is Ready

By Kanika Gupta | Update Date: Dec 14, 2015 01:59 PM EST

190 nations from across the world came together and agreed on a unanimous plan to help change the climate and also conclude a decade long debate requiring the economies of the world to regulate the emission of gases that the scientists say is affecting the earth's climate, says Wall Street Journal.

The negotiations went on for two weeks when 195 countries united on a draft on how the world will handle the global warming situation. The deal was finalized by the negotiators after the modifying the provisions that would have prompted that the agreement be approved by the U.S. Congress where the lawmakers are highly skeptical about the climate consensus. They finally had the acceptance of the developing nations at the last minute after they exempted them from paying the climate change bill. Once the deal was approved, Nicaragua raised an objection calling the deal unambitious but there was no formal objection raised so it is still believed to be a party to the Paris deal, reported Wall Street journal

According to the deal, the wealthy economies such as U.S. and the European Union will be handling much of the climate deal burden, pledging $100 billion a year to poor countries so that they can effectively respond to the climate change. The deal also requires that the developing nations such as China and India find ways to reduce the emissions and its growth while helping people in poverty to gain better standards of living. "This is a good agreement," said Prakash Javadekar, India's environment minister. "This means that [everyone] will act to mitigate the challenge presented by climate change," according to The Telegraph. President François Hollande, the summit host, last night welcomed "the most beautiful and peaceful revolution" and said the deal was a "major leap for mankind".

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