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Consider the following statements about the Paris Climate Deal and identify the correct one/s
1. It sets binding targets on all countries to achieve the goal of restricting global temperature rise below 2°C by 2100 above pre-industrial levels with an ideal target of keeping temperature rise below 1.5°C
2. The Developed World has to provide a funding of $100 billion annually towards mitigation efforts.
Select the correct answer using codes given below
1 only
2 only
Both are correct
none of the above
The CoP does not set binding targets. Instead each country has to set its own INDC ( Intended Nationally Determined Contribution) highlighting mitigation efforts. However it is to be monitored to ensure compliance. The students should make a note that the deal has come into force. (it was to come into force when signed and ratified by atleast 55 countries having 55% share of global emmissions)
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