Login With Google
Donald Trump slams India and China, says Paris pact is unfair to the U.S.
Why is it in news?
- U.S. President Donald Trump on Tuesday said the Paris Agreement would require the U.S. to ‘pay countries’ such as India [for technology and support to fight climate change], justifying his withdrawal from the climate treaty.
More in news
- Speaking at the Economic Club of New York, a think-tank in the city, Trump said the Agreement was “economically unfair”, killing American jobs and shielding “foreign polluters”.
- Paris Climate Agreement
(1) The Paris Agreementis an agreement within the United Nations Framework Convention on Climate Change (UNFCCC), dealing with greenhouse-gas-emissions mitigation, adaptation, and finance, signed in 2016.
(2) According to the 2016 Paris Agreement, developed countries are to support developing countries’ efforts to fight climate change via financing mechanisms, technology and capacity building.
(3) Under the Paris Agreement, each country must determine, plan, and regularly report on the contribution that it undertakes to mitigate global warming.
(4) Long term goals
(a) to keep the increase in global average temperature to well below 2 °C above pre-industrial levels.
(b) to pursue efforts to limit the increase to 1.5 °C, recognizing that this would substantially reduce the risks and impacts of climate change.
Source
The Hindu