After two weeks of negotiations, COP-21 (UN Climate Conference) ended Saturday in Paris with an agreement involving almost every country in the world in an effort to reduce carbon emissions and tackle the effects of global warming. The so-called Paris Agreement will begin to be worth in 2020.
The long-term goal of the agreement is to keep global warming to a limit of up to 1.5% increase in temperature. In addition, it was decided that the points of the agreement will be reviewed every five years, to direct the compliance with the temperature target and give transparency to the actions of each country.
It has also agreed that developed countries will afford US $ 100 billion a year to fight climate change and adaptation measures in countries under development. Any additional injections of funds were for 2025, reflecting the division that marked the discussions on the matter at COP-21.