India ratifies Paris climate agreement
On 2nd October, 147th birth anniversary of Mahatma Gandhi, India ratified the Paris Agreement on Climate Change by depositing the instrument of ratification with the United Nations.
India is the 62nd country to ratify the agreement, which will enter into force one month after 55 countries that account for 55 per cent of global emissions ratify the agreement. India accounts for 4.1 per cent of the emissions, and now the Agreement only needs slightly more than 3 percentage points to reach the 55 per cent threshold.
At least 14 other countries, representing at least 12 per cent of global emissions, have committed to ratifying the pact before the end of the year. President of General Assembly Peter Thomson said Gandhiji would have applauded the U.N. efforts to make development sustainable and equitable.
Paris Climate Change Agreement:
- The Paris Agreement is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gases emissions mitigation, adaptation and finance starting in the year 2020.
- The Paris Agreement was adopted by more than 190 nations at the 21st Conference of Parties of UNFCCC (UN Framework Convention on Climate Change) held in Paris in December 2015.
- It seeks to accelerate and intensify the actions and investment needed for a sustainable low carbon future.
- The agreement caps limit global temperature rise (global warming) to well below 2 degrees Celsius. It also seeks to funnel trillions of dollars to poor countries facing climate catastrophe.
- The Paris Agreement requires all Parties to put forward their best efforts through “nationally determined contributions” (NDCs) and to strengthen these efforts in the years ahead.
- NDC is the contribution that each individual country should make in order to achieve the worldwide goal are determined by all countries individually. India’s Intended Nationally Determined Contributions (INDC) pledge estimated a cost 2.5 trillion dollars for its climate-action plan.