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With reference to the Agreement at the UNFCCC Meeting in Paris in 2015, which of the following statements is/are correct?
Select the correct answer using the code given below.
1 and 3 only
2 only
2 and 3 only
1, 2 and 3
In 21st Conference of Parties (COP21) also known as Paris Agreement concluded in Paris under the United Nations Framework Convention on Climate Change (UNFCCC). The agreement is scheduled to go into effect from 2020. Therefore, statement 1 is incorrect.
The agreement aims to hold the increase in the global average temperature to well below 2°C above pre- industrial level 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.
Developed countries will work to define a clear roadmap on ratcheting up climate finance to USD 100 billion (not USD 1000 billion) by 2020. So, 3 is wrong.
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