Prime Minister Narendra Modi described the landmark
climate change deal reached in Paris last night as the victory of “climate
justice” and said there were no winners or losers in the outcome.
“Outcome of #ParisAgreement has no winners or losers. Climate
justice has won & we are all working towards a greener future,” Modi
tweeted, commenting on the legally-binding pact which seeks to limit global
warming to “well below” 2 degrees Celsius and making developed nations commit
USD 100 billion a year from 2020 to help developing countries.
“#ClimateChange remains a challenge but #ParisAgreement
demonstrates how every nation rose to the challenge, working towards a
solution,” the Prime Minister said in another tweet. He also said the
deliberations showed collective wisdom of the world leaders to mitigate climate
change. He added: “Deliberations at #COP21 & #ParisAgreement demonstrates
the collective wisdom of world leaders to mitigate climate change.”
Major features of the text outlined by French Foreign Minister
and CoP21 president Laurent Fabius are:
1 It takes
into account the differentiation and responsibility of developing countries,
and their respective capacities in light of national circumstances.
2 Confirms
the key objective of containing mean global temperature rise 'well below' 2
degrees Celsius and to endeavour to limit it to 1.5 degrees Celsius.
3 There will
be five-yearly national contributions on actions taken to address climate
change.
4 There is
provision for adaptation to climate change. Cooperation on loss and damage
suffered by countries on a long term basis to provide necessary means to all
countries for durable development.
5 Provision
of 100 billion per year as a floor by 2020 to help developing nations.
6 A new
figure to be defined for the period between now and 2020.
7 Collective
stocktaking every five years of national actions and consideration of steps if
efforts are insufficient for the objective set.

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