Wow! How did that happen? The United Nations has just agreed the first ever universal climate deal – and it’s better for the global environment than anyone had dared hope for.
For once, believe hyperbole: this is the most significant international agreement since the establishment of the United Nations in 1945.
Here’s just 5 things from Paris that make this so good:
In the run up to Paris, more than 180 countries made commitments to cut emissions significantly;
- They agreed a surprisingly strong 5 year review or “ratchet” mechanism for bolder future commitments to cut emissions further;
- They backed a new long term goal to make sure global warming stays “well below” 2 degrees Celsius, heading to greenhouse gas neutrality in the second half of this century – meaning the effective ending of fossil fuels;
- Increased support for poorer countries to help them – whether in the low carbon transition or in adapting to climate change impacts already with us;
- Huge progress on the “rules” for how we decarbonise the world, including key technical stuff on audit and accounting and crucially, strong transparency rules, so we know what countries are actually doing.
- And if you don’t believe me, listen to the majority of NGOs: from Greenpeace to Christian Aid, there’s been a huge welcome. And those businesses and financial institutions who take climate seriously are predicting a massive rise in investment in clean green technology.