With reference to the Agreement at the UNFCCC Meeting in Paris in 2015, which of the following state

Question

With reference to the Agreement at the UNFCCC Meeting in Paris in 2015, which of the following statements is/are correct?The Agreement was signed by all the member countries of the UN and it will go into effect in 2017.The Agreement aims to limit the greenhouse gas emissions so that the rise in average global temperature by the end of this century does not exceed 2°C or even 1.5°C above pre-industrial levels.Developed countries acknowledged their historical responsibility in global warming and committed to donate $1000 billion a year from 2020 to help developing countries to cope with climate change.Select the correct answer using the code given below.

Accepted Answer

21st Conference of Parties (COP21), also known as the Paris Agreement, successfully concluded in Paris under the United Nations Framework Convention on Climate Change (UNFCCC). The agreement is scheduled to go into effect from 2020. (Statement 1 is not correct).One of the main focuses of the agreement is to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and on driving efforts to limit it even further to 1.5°C. It covers all the crucial areas identified as essential for a comprehensive and balanced agreement, including mitigation, adaptation, loss and damage, finance, technology development and transfer, capacity building, and transparency of action and support.A marked departure from the past is the Agreement’s bottom-up approach, allowing each nation to submit its own national plan for reducing greenhouse gas emissions, rather than trying to repeat a top-down approach advocated by the Kyoto Protocol, giving each country an emission reduction target. Statement 3 is not correct.